Dr. Saifedean Ammous | Jennifer | Activity https://academy.saifedean.com/members/jennifer-goldfarb/activity/ Activity feed for Jennifer. Sat, 18 Apr 2026 22:39:27 +0000 https://buddypress.org/?v=2.21.0 en-US 30 hourly 2 e2264d21e9d305ece9cb9581053cc019 Jennifer replied to the discussion Why is there not a single country in the world on a gold standard TODAY? in the forum The Fiat Standard https://academy.saifedean.com/forums/discussion/why-is-there-not-a-single-country-in-the-world-on-a-gold-standard-today/#post-51701 Wed, 17 Jan 2024 02:05:22 +0000 Reply to Why is there not a single country in the world on a gold standard TODAY?

If your country is using gold instead of the reserve currency, your exports are not competitive. To buy your exports, people in other countries have to convert their currency to gold, which gets more expensive as their currencies lose value due to inflation.

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