OTCPK:KRCLF - Post by User
Post by
MaterialsManon May 14, 2023 2:05pm
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Post# 35447445
MMT
MMTAs we await the quarterly report, I got to wondering if the old adage that the person with the gold makes the rules.
I perused the net trying to ascertain whether the experiment with Modern Monetary Theory remains popular. There seems to be some debate regarding if it is a failure.
Rampant inflation is beginning to be associated with it. Personally I think it is the reason that the financial wizards have gotten us into this financial mess.
Perhaps this year, the BRICS nations may show the western world a way out. If gold becomes part of the solution, it should be a major plus for investors in gold.
Assuming the U.S. has as much gold as it says, it should not pose a problem here. After all, the U.S. has more than any country.
If applying the discipline that gold brings to the equation, it may help to bring fiscal sanity back to the table.
Some say it will take decades to dethrone the dollar. Maybe it will happen much sooner, and the dollar will come back in a different form Perhaps even as sound money.
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