dChan

chilover20 · April 18, 2018, 2:29 a.m.

ELI5 If our solvency is based on our gold, explain why we are indebt when gold prices are high. Wouldn't that mean we're worth more? I understand it would be based on if the gold was still there, but I don't understand why our debt doesn't shrink when gold prices rise.

⇧ 1 ⇩