Have you checked the value of the dollar relative to other
currencies lately? It’s way down. With the Fed dumping
dollars from airplanes and true inflation at 10% to 12%:
the dollar is not fairing very well.
Yes.
So how would gold prevent banks from making bad loans? How would 1000 ounces of gold (worth about $900,000) protect the bank more than cash of $900,000?