Jiří Charvát

28%
Flag icon
Central banks' large reserves of gold can be used as an emergency supply to sell or lease on the gold market to prevent the price of gold from rising during periods of increased demand, to protect the monopoly role of government money. As Alan Greenspan once explained: “Central banks stand ready to lease gold in increasing quantities should the price rise.”
The Bitcoin Standard: The Decentralized Alternative to Central Banking
Rate this book
Clear rating
Open Preview