this post was submitted on 16 Sep 2023
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Sorry can't understand you over the sound of the US carrying Europe's defense budget.
Sorry, can't understand you over the sound of the US taxing the entire planet for the last 52 years by removing the gold window on the reserve currency.
Ok.... look, having a currency tied to a metal does bad things, If it really is a problem I am sure a nation would have brought it back. The gold standard would have given the US more power because at some point if it had stayed the us would have required all gold reserves... that doesn't sound that good does it?
My point is, that it was very good for the US.