20 sats \ 3 replies \ @grayruby 10 Oct \ parent \ on: Can the Federal Reserve Buy Gold? Should It? econ
Good question.
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50 sats \ 2 replies \ @Undisciplined OP 10 Oct
Mark Moss had a video (that I didn't post because I thought the analysis was a bit sketchy,)about the possibility of the US revaluing the gold that we have certificates for.
It's an interesting idea and in his example of revaluing the certificates to 5T in reserves. That would be highly inflationary, but it is on the table as a financial gimmick.
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38 sats \ 1 reply \ @grayruby 23h
I think Jim Rickards has suggested something similar
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0 sats \ 0 replies \ @Undisciplined OP 23h
That might have been where the proposal came from.
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