You can’t eat gold or use it to produce things. What really matters is whether we have a free, growing economy and productive human capital.
Exactly. How many politicians these days actually beleive that?
You can’t eat gold
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You can’t eat electronic E money or paper dollars either…but you can hold it in your hand with no counter party risks..….ie, hacking, bankruptcies, bank failures, power outages, currency debasement, government collapses, etc….Gold protects your Wealth against ALL forms of financial manipulation, fraud, crashes and defaults…..for 5,000 years and counting.