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Even forgetting about cryptocurrency: if each country had a constitutional amendment requiring that its currency be backed 100% with gold reserves (no bi-metali
by yasp 8y ago
Even forgetting about cryptocurrency: if each country had a constitutional amendment requiring that its currency be backed 100% with gold reserves (no bi-metalism; no fixed gold pricing), domestic custodianship, annual audits, and the elimination of fractional reserve banking, I suspect the world would be much better off.