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Politics : Formerly About Advanced Micro Devices
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To: maceng2 who wrote (1425420)11/15/2023 4:31:05 PM
From: Qone0  Read Replies (1) of 1576450
 
Tells us Nad,

How does the world have a currency that works with only gold.

Start here, construct your theory. Tell us in detail how that would work. How would assets increase, how would wages increase?

Go ahead do tell.

Given 165,000 metric tons as an upper bound on available gold, how much does that leave to each human on the planet? Humanity has just hit the 7 billion mark. That leaves just under 24 grams of gold to each person on planet earth, or.76 troy ounces or.83 ordinary ounces per person.
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