4 ms·
yes they confiscated domestic gold. but confiscating another sovereign's would be an act of war. A lot of US treasuries held by Central Banks in reserve might
by wintersFright 14y ago
yes they confiscated domestic gold.
but confiscating another sovereign's would be an act of war.
A lot of US treasuries held by Central Banks in reserve might suddenly go on sale and send interest rates sky high...destroying the USD.
They would want to think twice on that.
- deleted 14y ago[deleted]
- mars 14y agostoring it where it belongs just adds a little bit of safety. i mean you never know, especially when considering the current world economics.