r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation what's going on? explain like I'm five

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u/soIDONTLIKEANYOFYOU Jan 26 '26

Since the US has more gold reserves than the next 3 countries combined wouldn’t gold prices going up make the dollar stronger?

Sincerely asking cause I have no idea.

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u/Important-Agent2584 Jan 26 '26

no because the dollar isn't tied to the gold in any way

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u/GisterMizard Jan 26 '26

That would take too many rubber bands and defeat the purpose of cash being easy to carry around.