The value of your “currency” will be set by the international banks who own 60%+ of the gold. It has little intrinsic value. I’m not saying owning gold is bad, but a gold backed currency is the economic equivalent of what flat earth is to science.
The value of your “currency” will be set by the international banks who own 60%+ of the gold. It has little intrinsic value. I’m not saying owning gold is bad, but a gold backed currency is the economic equivalent of what flat earth is to science.