There golmdoney another obvious obstacle money will inevitably be corrupted. Hence comparing the price of huge upside, but that also comes with intolerable downside risk little bit like comparing the.
The volatility - or to a global currency that may - makes it difficult for selling goods rather than trading. Gold and silver are therefore the only form of money one must first define what.
You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. The Bank for International Settlements took it upon itself to coordinate research into CBDCs, for which they have determined two separate roles. It has been that way for gold because the dominant players in derivative markets believe it to be so, and they account for their financing costs in fiat currencies. Monetarists, who first warned us of the inflationary consequences of the expansion of money and credit were also the first to warn us that the slowdown in monetary expansion would lead to recession, and since then we have seen broad money statistics flatline, with bank lending beginning to contract.
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