Anonymous ID: c95329 Dec. 12, 2018, 7:03 p.m. No.4285509   🗄️.is 🔗kun   >>5622

>>4285397

>if the gold standard were to be adopted again, would congress likely set a fixed price per oz,

Fixed number of $$$ per oz-Au is exactly what "gold standard" means. But I don't expect that to happen. There is not enough gold around to back all the fiat current flying around at current prices. It would cause a radical change in the value of the Dollar, which would be very bad for the economy.

I suspect that Q's statement about gold bringing down the Fed likely refers to a scandal about the Fed mismanaging the gold that they've been entrusted with. And I think this will lead to the US Treasury taking over the role of managing the fiat USD.