Is Gold reserve essential for the economy's growth and stability?
Answer:
in all of history, there has never been a fiat currency that has not failed
It gives people confidence in the monetary system.
What year do you think this is? There is no gold standard on the dollar anymore. Wake up buttface.
No. We haven't been on the gold standard for decades.
no, a stable economy is more important
Yes, it stabilizes the Dollar by adding faith to the currency. Gold is very important as a hedge against global inflation.
yes otherwise the paper note is worthless
nope. its just an illusion. if gold was the reserve people will search all around for gold. the current monetary system is controlled by the government and banks so that our currency is under control.
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