☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month ago‘Repatriate the gold’: German economists advise withdrawal from US vaultswww.theguardian.comexternal-linkmessage-square17linkfedilinkarrow-up172arrow-down10cross-posted to: globalnews@lemmy.zipworldnews@lemmygrad.mlworldnews@lemmy.mlnews@lemmy.worldworld@lemmy.world
arrow-up172arrow-down1external-link‘Repatriate the gold’: German economists advise withdrawal from US vaultswww.theguardian.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month agomessage-square17linkfedilinkcross-posted to: globalnews@lemmy.zipworldnews@lemmygrad.mlworldnews@lemmy.mlnews@lemmy.worldworld@lemmy.world
minus-squareVostok_ [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up30·1 month agoWhy would one keep their gold in another country, one that is an ocean away no less, when the gold reserve is not threatened by invasion or civil war?
minus-squarechgxvjh [he/him, comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up13·1 month agoI think the idea is that it’s easier to get loans and stabilize your currency when the gold is already in the country you would be getting the loans from. Or it might just be some sort of findom thing.
Why would one keep their gold in another country, one that is an ocean away no less, when the gold reserve is not threatened by invasion or civil war?
I think the idea is that it’s easier to get loans and stabilize your currency when the gold is already in the country you would be getting the loans from.
Or it might just be some sort of findom thing.