Russell Brand poll on youtube.
(media.greatawakening.win)
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So, when you add more gold to the gold pool does it have the same effect as printing money does on the USD?
Not if you export it to places yearning for it and willing to give prime assets.
But I have heard that I flatiron occurred in Spanish ports where silver was u loaded by the tons as there was much more to chase around.
When the Spanish conquistadors returned to Spain with the looted gold from the Americas it had that effect because economic productivity in the time was stagnant because the industrial revolution hadn't happened yet.
During the industrial revolution the bank of England managed to recover new reserves of gold from South Africa and Australia. The United States also experienced an influx of new gold when it was discovered in California.
Today given how inflated the currency is I would imagine finding a new supply of gold wouldn't be disastrous because we do have a fairly productive economy world wide and gold will probably become a more important function of the economy going forward in order to clear trades between nations trying to evade US sanctions.