alt Hacker NewsOn the grand scheme of things this is 12bil usd worth of gold. The GDP of Netherlands is 1.4 trillion USD. So, this is honestly a foot note.
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everybodyknows • today at 5:17 AM
To put in human terms, it's roughly three day's labor of every worker in the Netherlands.
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SanjayMehta • today at 5:06 AM
GDP is just a number in a spreadsheet. This is a physical asset.
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Not the right comparison to make when comparing gold vs paper currency that can be printed at a whim. The comparison would hold if they pulled out physical fiat currency reserves.