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This isn’t really a criticism, and I get that the article’s purpose was to focus on gold price as a signal for potential debasement…BUT…it seems like a miss to
by nbs_tar 6y ago
This isn’t really a criticism, and I get that the article’s purpose was to focus on gold price as a signal for potential debasement…BUT…it seems like a miss to not even allude to or link out to commentary on the tremendous political power being the reserve currency affords the US, and the long term incentive for others to provide an alternative.
- AndrewUnmuted 6y agoMore information on this topic can be found on the Wikipedia article for Exorbitant privilege. [0] [0] https://en.wikipedia.org/wiki/Exorbitant_privilege https://en.wikipedia.org/wiki/Exorbitant_privilege