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Parent Post: The future global financial landscape
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In Reply To
H
hyokkim
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7/19/2025, 12:55:07 AM
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This is most definitely a signal USD is gradually, but strategically losing the influence, but as for gold replacing USD, I don't think it's going to happen, due to the question of cheating, and national sovereignty. What if one or more of the nations start cheating on the amount of gold content? How are they going to audit the gold content? Through random inspection of the gold reserves of the country? What if the cheating nation refuses on the cover of national sovereignty? It had already been tried, and failed. https://en.wikipedia.org/wiki/Latin_Monetary_Union#Debasement_of_the_coinage
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