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The "What is Money?" Show cover image

US Dollar Endgame: Hyperinflation Is Coming with Peruvian Bull (WiM492)

The "What is Money?" Show

NOTE

Gold's Limited Practicality in Today's Economy

Gold is regarded as a store of value and money in pre-modern times but lacks practicality in an industrialized global economy. Governments reverting to the gold standard are seen as futile and temporary. The paper market for gold vastly exceeds physical settlement, indicating a confidence game and aiding in suppressing the gold price.

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