St. Louis Fed releases an article on why a gold standard wouldn’t work, listing gold’s lack of a fixed supply as a “significant problem”.

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Know what has a verifiable fixed supply? Bitcoin.

If you review monetary history, the main goal the bankers wanted to achieve was a “flexible money supply.” They said this was needed to control banking panics.

In other words, the exclusive power to counterfeit money.

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h/t Jem_colley


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