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My point was that that a govt or bank can't "cheat" by leveraging it or counterfeiting it. Yes, if very large accessible reserves were found, one's savings in g
by baltcode 15y ago
My point was that that a govt or bank can't "cheat" by leveraging it or counterfeiting it. Yes, if very large accessible reserves were found, one's savings in gold would be hurt but it would would not happen simply at the diktat of a government. The fact that you can mine it or produce isotopes does not change the fact. I did not say anything about its inherent value.