Replying to Avatar denimdan0947437051

Nope, I agree with that. But my question is more along the lines of, haven’t people been claiming that a country can essentially bank run “the world” by using precious metals ever since? And how would the UAE be in a better position now than France was then? Comprende?
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BankSith 1y ago

The issue is centralization. The US basically took the wold hostage in 1913/1945 with the FED and Bretton Woods. There was no issue with a goldstandard in 1890. Germany prospered. So did the rest of the world.

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