Home › Forums › The Fiat Standard › Why is there not a single country in the world on a gold standard TODAY? › Reply To: Why is there not a single country in the world on a gold standard TODAY?
MemberApril 3, 2023 at 05:37
One of the reason i would argue is the fact that Gold is not held by one single nation only. Despite the fact that the US has the most but all other countries who also have gold reserve far exceeds US gold reserve if we add them together so my point is that it will be hard to determine the hegemony in this case and come up with a solution. That’s one of many reasons i would say. Thanks