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That is false. Over the long term the value of a full reserve gold backed currency is stable. When politicians print more money than they have in gold is when
by tastyfreeze 6y ago
That is false. Over the long term the value of a full reserve gold backed currency is stable. When politicians print more money than they have in gold is when things start to go wonky.
- foobarbecue 6y agoI'm referring to the wild historical fluctuations in gold price that happened every time there was a gold rush, war, and / or run on gold.