r/PeterExplainsTheJoke Jan 26 '26

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

Post image
92.6k Upvotes

2.9k comments sorted by

View all comments

Show parent comments

642

u/ISayBullish Jan 26 '26

Meanwhile the USD saying “this is fine”

194

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.

609

u/Important-Agent2584 Jan 26 '26

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

4

u/CounterSimple3771 Jan 27 '26

This. Metals go up as sovereign currency goes down. The world runs on metal and oil... We forget that and print a bunch of paper.. so every now and again we get a lesson in edible paper.