Central Banks Know The Game: They’re Buying Gold
December 9, 2022
The fiat monetary system is built on trust in counterfeiting central banks. One should never trust a counterfeiter, so naturally, governments and central banks don’t trust each other. They buy gold while and claiming that gold is no longer money. They know that if the counterfeiting goes to extremes, gold will re-enter the monetary system. When the choice is between depreciating paper or gold, people ultimately reach for the gold.
Executive Director of the Ron Paul Institute for Peace and Prosperity and co-Producer/co-Host, Ron Paul Liberty Report. Daniel served as the foreign affairs, civil liberties, and defense/intel policy advisor to U.S. Congressman Ron Paul, MD (R-Texas) from 2001 until Dr. Paul’s retirement at the end of 2012. From 1993-1999 he worked as a journalist based in Budapest, Hungary, and traveled through the former communist bloc as a human rights monitor and election observer.
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