Jamaica Accords/End Of The Original Bretton Woods Agreement. Yellen & Powell. Bretton Woods Gold Token That Is Fungible And Spendable. Trump At The Bitcoin Conference.
Jamaica Accords/End Of The Original Bretton Woods Agreement. Yellen & Powell. Bretton Woods Gold Token That Is Fungible And Spendable. Trump At The Bitcoin Conference.
In my opinion that will never happen at that high an amount. The price of gold will be allowed to go up maybe 5-10 times to stabilize countries. You can't allow gold to go up that much and create millions of new millionaires and billionaires that have no idea how to use money. They would create more havoc in the world economies than reducing the debt would fix. The price of gold is not just about the U.S. economy and our debt.
Under current laws and the constitution, the U.S. Treasury could revalue their gold to $132,000 per ounce and wipe out their obligations. I suspect that wipes out federal reserve cartel and allows the U.S. Treasury to issue dollars backed by specie.
Specie,
In my opinion that will never happen at that high an amount. The price of gold will be allowed to go up maybe 5-10 times to stabilize countries. You can't allow gold to go up that much and create millions of new millionaires and billionaires that have no idea how to use money. They would create more havoc in the world economies than reducing the debt would fix. The price of gold is not just about the U.S. economy and our debt.
Under current laws and the constitution, the U.S. Treasury could revalue their gold to $132,000 per ounce and wipe out their obligations. I suspect that wipes out federal reserve cartel and allows the U.S. Treasury to issue dollars backed by specie.
https://www.youtube.com/watch?v=rLtGWYMdy64&t=338s