gold, page-105617

"Nice try to reframe the debate. What you actually said was: "if I am lucky and find some gold and such gold ends in the basement of the RBA then a few dollar bills can be printed. Otherwise, none." Laughable."

Well t\you could not have said it better, because it is really laughable when as aspiring gold bug leader cannot understand that if under a gold standard regime and all other contextual elements presented in my assertion, gold ends in the basement of a central bank then that gold must have been bought by that same bank, and with money freshly issued.

Gold in = Asset Money out = liability