| ▲ | downrightmike 7 hours ago |
| "For context, these increases have even outpaced the surge in gold prices over the same period" And you can't just manufacture or not the gold supply into scarcity |
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| ▲ | knowitnone3 6 hours ago | parent [-] |
| yes you can. It's called mining |
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| ▲ | sexeriy237 an hour ago | parent [-] | | actually the problem was population boom. FDR raised the rate from $20 to $35/ounce, and by timeNixon took the USA off standard the global population 3x. So gold is no longer scarce because it isn't backing real currency anymore. Its just metal |
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