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Parent Post: The future global financial landscape
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In Reply To
rick
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5/29/2025, 1:58:00 PM
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The Central banks the ones buying because gold is neutral. You can't delete it or weaponize it. The Central Banks don't buy it as an inflation hedge or even care if it goes up or down. Gold is not pegged to inflation the moves it has historically made are tied to war or threats of war.
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hyokkim
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7/19/2025, 12:58:34 AM
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''The Central banks the ones buying because gold is neutral. You can't delete it or weaponize it.'' You can dilute the amount of gold content in reserves. https://en.wikipedia.org/wiki/Latin_Monetary_Union#Debasement_of_the_coinage
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