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To: mvonfr
But payments in gold are surely possible — and this may be where we are heading.

We're definitely not heading to gold - as much as the goldbugs would like to think.

What we need is currency issued that is not debt-based, but instead issued by our Treasury (not the Fed) based on the completed labor of our citizens.

38 posted on 02/26/2022 8:44:19 AM PST by politicket
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To: politicket

If dollar fails, there will be not trust to any US currency, regardless of its labelling.

OK, if you don’t like gold, suggest something else.—otherwise international trade is gone totally.


42 posted on 02/26/2022 8:48:52 AM PST by mvonfr
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To: politicket
We're definitely not heading to gold - as much as the goldbugs would like to think.

mvonfr is talking about large commodity transactions, not currencies or a gold standard.

46 posted on 02/26/2022 8:50:47 AM PST by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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