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#286 | David Oransky; Financial Planner who says make 1% of your assets Bitcoin | CPA & CFP

The Vance Crowe Podcast

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How to Buy a US Treasury?

When the Fed was created in 1913, it had 84% gold on its balance sheet. The problem is they quickly didn't have enough gold in the vault. They could create more reserves, but they needed, they couldn't go over 35%. And so they needed gold. But nobody wanted to deposit gold into the Fed or any of their banks because of this point,. people were worried about financial unrest.

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