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I am reading "Lords of Finance" and it alludes to how the gold trade helped trigger the Great Depression. https://www.amazon.com/Lords-Finance-Bankers-Broke-Wo
by nytesky 2y ago
I am reading "Lords of Finance" and it alludes to how the gold trade helped trigger the Great Depression.
https://www.amazon.com/Lords-Finance-Bankers-Broke-World/dp/0143116800 https://www.amazon.com/Lords-Finance-Bankers-Broke-World/dp/...
(hat tip to HN as this was where this book was recommended to me)
Granted we don't have an official gold standard, but could todays gold exchange cause similar problems?
https://www.history.com/news/how-did-the-gold-standard-contribute-to-the-great-depression https://www.history.com/news/how-did-the-gold-standard-contr...
- 1oooqooq 2y agomaybe if all the russian olygachs wanting to buy gold again do a bank run on BTC