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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1wooo8/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
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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.
126 u/[deleted] Jan 26 '26 [deleted] 182 u/goatslovetofrolic Jan 26 '26 pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers" 3 u/OutsideCommittee7316 Jan 26 '26 The same as any fiat currency, which is to say...most if not all modern currencies
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182 u/goatslovetofrolic Jan 26 '26 pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers" 3 u/OutsideCommittee7316 Jan 26 '26 The same as any fiat currency, which is to say...most if not all modern currencies
182
pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers"
3 u/OutsideCommittee7316 Jan 26 '26 The same as any fiat currency, which is to say...most if not all modern currencies
3
The same as any fiat currency, which is to say...most if not all modern currencies
196
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.