Gold at $38,000 USD
Nice - In Theory...
The M2-to-Gold Calculation
The Money Supply: Global M2 measures the total amount of cash, checking deposits, and easily accessible liquid money in the world.
Central Bank Reserves: Governments and central banks hold a fixed, limited number of physical gold tons.
The Math: If you take trillions of dollars in circulation and divide it strictly by the limited number of gold ounces held by major nations, a single ounce theoretically comes out to around $38,000 on… See More
paper.
Why Economists Doubt the $38,000 Theory
No Gold Standard Desire: Major global economic powers (like the US, the EU, and China) have no structural or political interest in returning to a strict gold standard.
Loss of Flexibility: Tying a currency directly to physical gold stops governments from printing money or adjusting interest rates to fight economic recessions or banking crises.
Global Trade Impact: Countries that rely heavily on manufacturing exports—such as China—need to manage their currency values to stay competitive. Backing everything with a high-valuation gold standard would skyrocket currency values and hurt domestic labor markets.
how much are bills with "copy" on them worth?
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