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21 sats \ 3 replies \ @Satosora 9 Apr \ on: Commodity inflation versus China's deflationary exports econ
Isnt china trying to go on its own gold standard with russia? I wonder how much that will help stabilize things?
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0 sats \ 2 replies \ @TomK OP 9 Apr
They are trying to escape from the USD prison step by step. But this is a marathon and not a sprint. Their advantage will be more pricing power in the energy sector
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31 sats \ 1 reply \ @Satosora 9 Apr
I guess it really depends on how many people they can rope into it. And how much gold they can accumulate. Imagine if they backed it up with bitcoin instead? That would make bitcoin prices interesting!
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0 sats \ 0 replies \ @TomK OP 9 Apr
This would be the big bang for btc
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