Interest Rates and the Nature of Profit | The Twilight of Gold Series | Episode 12 (WiM186)
The "What is Money?" Show
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Gold
China is the largest producer and net importer of gold. They've got to just be looking at this, you know, these fin sanctions imposed on russia,. And they're thinking to themselves, we have all these dollars, we Have all this dollar denominated us. Debt. You know, there's a lot of counterparty risk implied in those positions. So maybe they're thinking about vesting at this point when they see that at the flip of a switch, the us. Will sanction russia to the tune of 600 plus billion dollars. There's some, just to go further with this, am, another luroman citation. He had chart, i think he got it from
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