3 ms·
It’s a paper gain created by mark to book accounting treatment of central bank goal reserves. Not a real economic gain. The US could re-create the same “gain”
by omcnoe 6mo ago
It’s a paper gain created by mark to book accounting treatment of central bank goal reserves. Not a real economic gain.
The US could re-create the same “gain” by selling and repurchasing their gold. Fundamentally doesn’t really matter.