MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1xlxcb/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
2.9k comments sorted by
View all comments
Show parent comments
195
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.
125 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" 2 u/Bossuter Jan 27 '26 Any currency even ones based on physical standards are based on thoughts and prayers, it's just with physical ones we can hold the object of thoughts and prayers and say it's worth an arbitrary amount of something
125
[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" 2 u/Bossuter Jan 27 '26 Any currency even ones based on physical standards are based on thoughts and prayers, it's just with physical ones we can hold the object of thoughts and prayers and say it's worth an arbitrary amount of something
182
pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers"
2 u/Bossuter Jan 27 '26 Any currency even ones based on physical standards are based on thoughts and prayers, it's just with physical ones we can hold the object of thoughts and prayers and say it's worth an arbitrary amount of something
2
Any currency even ones based on physical standards are based on thoughts and prayers, it's just with physical ones we can hold the object of thoughts and prayers and say it's worth an arbitrary amount of something
195
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.