JudeJin

What's Going to Replace the Dollar?

nothing needs to replace dollar. dollar lost 90% against gold in the 1970s. dollar is still here today.

no need to talk about gold standard. no need to talk about which currency to replace gold.

market price of gold will converge to its theoretical value as can be calculated from the money in circulation and the amount of gold held the fed. of course, the money in circulation will go up dramatically as the crisis unfolds further.