What is gold's current worth? Don't measure in terms of US dollars.
How much does it take to acquire it? Again, no US dollars.
How much can you make from it in trade? No dollars.
My point is that people like to measure gold against a monetary system. Gold itself is not a good currency or form of money.
Nothing against gold - for those who want to hold it as an asset. Let's just not make it into something it's not.
Having said that - we definitely need to move away from debt-based money.
Let’s just not make it into something it’s not.
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Exactly, it is Wealth and has been for 4,000 years. Most can not grasp the difference between “ money “ and Wealth.