Viability of a gold standard (at least one with exchange at a fixed rate) ended with the creation on Eurodollars. If every bank can create new dollar claims then those dollars can be used to drain gold reserves from central banks.

I believe Nixon had to suspend convertibility or face having London print new money and slowly transfer all of the US’s gold bank into London’s pockets:

I must admit that I feel a little disappointed that no one is taking the bait… and also a little disappointed that I brought twitter bait tactics to nostr…

#imustdobetter

Good taste

I just got back from a week of work in BKK with associated restaurant over use and “teambuilding” at lower brow venues.. now, being back home embracing my wife, rolling around with the kids, eating stuff that looks largely like it did when it was harvested and just being within the family love cannot be beaten… even now waiting at the kids dentist for their check up… Gold!!!

Nothing but use it and let the pro-bro derviants get liquidated monthly 🤣

Coca tea morning noon and night!!!

Btw, the CCP, or anyone from Xi down to an unknowable low level official in your suburb (low but above the level of you highest ranked friend), can take it from you at any time

Howz the pentagon pizza index?

Where are 28yr old fathers in extreme poverty creating beauty like this today? And who gets to laugh at them?