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quickthrowmanyesterday at 11:47 PM1 replyview on HN

In physical metals that don’t generate income or induce further economic activity, I don’t believe so. What good does a hunk of gold sitting in a safe do for the economy?


Replies

fuzzfactortoday at 3:07 AM

>What good does a hunk of gold sitting in a safe do for the economy?

Not a whole lot once legal tender certificates can no longer be redeemed for the same amount of metal year after year.