Sorry to burst your bubble, but the chance we go back to a metal-backing of currency is basically zero. Even when we had the gold standard it was completely fake, with less than 5% of the currency in circulation actually backed by metal in reserve.
Yes, the financial system is likely going to collapse. Yes, we will turn to asset-backed currencies for stability (backed by energy and other commodities like agricultural staples, commercial metals, timber, etc), but we absolutely aren't going back to a gold-backed currency.
edit: the downvotes are remarkable. The gold standard was completely, 100% fake even back in the early 1900s. We are returning to asset-backed currencies, but a currency backed by only gold isn't stable and will not be the world's currency. Sorry.
Sorry to burst your bubble, but the chance we go back to a metal-backing of currency is basically zero. Even when we had the gold standard it was completely fake, with less than 5% of the currency in circulation actually backed by metal in reserve.
Yes, the financial system is likely going to collapse. Yes, we will turn to asset-backed currencies for stability (backed by energy and other commodities like agricultural staples, commercial metals, timber, etc), but we absolutely aren't going back to a gold-backed currency.
edit: the downvotes are remarkable. The gold standard was completely, 100% fake even back in the early 1900s. We are returning to asset-backed currencies, but a currency backed by only gold isn't stable and will not be the world's currency. Sorry.
Have you read Q posts?🧐
Every single one. Disinformation is necessary. I'd bet you any amount of money we're not going back to the gold standard.
You won't have any money to pay the bet when you Lose.