“It’s Not Some Barbarous Relic” – Trump Adviser Urges Return To Gold Standard

FYI.


“It’s Not Some Barbarous Relic” – Trump Adviser Urges Return To Gold Standard:

“.. we need a fundamental reassessment of the global monetary order… in terms of gold being involved, I see it as a sophisticated, forward-looking approach because gold is neutral, it’s universal, and it’s a well-accepted monetary surrogate that transcends borders and time. If you look at the foreign reserves of the most important countries, they keep them mostly in gold. I don’t want to read too much into it, but it proves that gold is not some barbarous relic.”

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