Powell: “Rapid changes are taking place in the global monetary system that may affect the international role of the dollar”
(theconservativetreehouse.com)
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The problem with gold is its rarity. Trade goes up and down and if there is more trade to be done than gold available to facilitate it then there's big probems.
Where is our gold?
...the fallacy about going back to the Gold Standard is there isn't enough gold to capitalize the transfer of debt....
...what will need to happen is some hybrid "Commodity" based standard to be initiated....