I mean fair point… But to be honest, it’s more likely that another fiat currency replaces the dollar than it is for gold to become a standard again. Gold doesn’t have any inherent value outside of some electronics, and it’s incredibly inconvenient to actually trade with.
I think if the dollar does fall off the map and the euro or yuan successfully replaces it as top dog, it’d probably be the actual death knell that kills off peoples gold obsession.
TranscendentalEmpire@lemmy.today 3 months ago
I mean fair point… But to be honest, it’s more likely that another fiat currency replaces the dollar than it is for gold to become a standard again. Gold doesn’t have any inherent value outside of some electronics, and it’s incredibly inconvenient to actually trade with.
I think if the dollar does fall off the map and the euro or yuan successfully replaces it as top dog, it’d probably be the actual death knell that kills off peoples gold obsession.