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They were describing the 1930s situation, when the dollar was backed by gold & it didn't go well
by 00N8 2y ago
They were describing the 1930s situation, when the dollar was backed by gold & it didn't go well
- t-3 2y agoAnd I was saying that the dollar is no longer backed by gold, or tied to any other limited resource, so why would we assume that the same scarcity-driven dynamics are still in play?