For thousands of years, gold was money because governments couldn't print it. Then governments invented paper money, abandoned the gold standard, and told ever...

Bogdan Tereanu

@boogie

For thousands of years, gold was money because governments couldn't print it.

Then governments invented paper money, abandoned the gold standard, and told everyone gold was no longer necessary.

Today, those same governments hold thousands of tonnes of it in their vaults.

Apparently, gold is an outdated monetary system that's still worth keeping in the basement. 🏦

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