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10 sats \ 12 replies \ @Undisciplined OP 5 Mar \ parent \ on: Does the United States Government Need a Gold Reserve? No. econ
Let's assume the gold is there. In that case, the market value of the gold is much higher than it's listed value, because it's still officially marked at $42 per ounce.
Maybe doge will get on that and give everyone an ounce of gold.
Would people appreciate it more if that happens?
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I think that gold is going into the Strategic Wealth Fund.
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That's my guess.
Plus, all the student loans and federal property.
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They may be in de facto default, but those debts cannot be discharged.
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I'm not sure how this works, because you will get a lien placed on your future earnings at some point, which means it's not up to you whether you repay or not.
The only ways around that (that I know of) are not working or only earning income under the table.