How Central Banks Can Use Gold Revaluation Accounts in Times of Financial Stress

by Jan Nieuwenhuijs, Gainesville Coins: Because central banks are the root of the modern money tree, they can use entries in their gold revaluation accounts to turn into capital, pay for expenses, or transfer it to their respective Treasuries. In addition, gold revaluation accounts can be used to cancel government bonds held on central bank […]

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