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December 25, 2016 at 12:48 pm, Adelaide said:
Carma, Much that makes gold an attractive investment for individuals, makes it unattractive as a sole basis for a co2#try&n8u17;s currency. It’s scarcity helps it retain its value, but it also makes it possible for speculators to use it as a weapon. If you can withdraw enough of the gold supply from circulation, you can trigger deflation lasting years. That’s what happened in the last depression.
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