2min chapter

The "What is Money?" Show cover image

Sound Money for an Unsound World with Robert Breedlove (WiM348)

The "What is Money?" Show

CHAPTER

The History of Gold

Gold holds its purchasing power over time. People have been hoarding it and using it to move economic energy into the future. What is it about gold that's enabled it to do that? Well, it is the cost necessary to mining. The central bank can't just print new gold. Can't just pass a law. It says we're going to increase the supply of gold. And that is why gold is the primary geopolitical monetary layer of the world currently.

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