40 sats \ 5 replies \ @Undisciplined OP 10 Oct \ parent \ on: Can the Federal Reserve Buy Gold? Should It? econ
I think the more interesting question might be "Whose gold is in Ft. Knox?"
This might be what WW3 is for...
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Mark Moss had a video (that I didn't post because I thought the analysis was a bit sketchy,)about the possibility of the US revaluing the gold that we have certificates for.
It's an interesting idea and in his example of revaluing the certificates to $20k per ounce, the US gains $5T in reserves. That would be highly inflationary, but it is on the table as a financial gimmick.