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To: Toddsterpatriot

So the dollar cannot be devalued. Why do you think we went off the gold standard in the first place?


13 posted on 09/17/2020 8:19:07 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2

What happens when there isn’t enough gold to exchange for dollars?


16 posted on 09/17/2020 8:43:50 AM PDT by Moonman62 (http://www.freerepublic.com/~moonman62/)
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To: Georgia Girl 2
So the dollar cannot be devalued.

What happens to the dollar when China, for instance, redeems $1 trillion? Just how much gold do you think we've got?

18 posted on 09/17/2020 11:17:28 AM PDT by Toddsterpatriot (TANSTAAFL)
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