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William Voelz's avatar

Denial and repudiation of this very plan suggests it indeed is very much on the table. Soon.

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OTOH/IMHO's avatar

1790-1932, the U.S. dollar read "Payable on demand for gold." Pretty simple, and damn honest. Anything less is subterfuge. When you start reading "BRICS contemplate gold-backed crypto," don't think BRIC, think CROC, because that is what it is. Zimbabwe pretended it had created a "gold-backed crypto"- how did that work out? (Answer: currency still worth 2/10 of a penny.) The tangled web weavers weave infinitely complex webs, but return to a gold standard would be as easy as changing the so called "security strip" from Mylar(!) to hologrammed gold foil (!!!). Demand it!

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