catstalking
ie qt
exactlyYeah, who’s holding the gold ? Is this newly backed money going to be fractionally reserved and loaned out? To the extent it will be , then it will become less gold backed until there will be the equivalent of Nixon closing the gold window.
gold standard as a reserve of paper is useless; if it's not physical gold/silver/copper in hand being bartered, it might as well be Bitcoin
everything else is just some shade of make believe and "dude, trust us"