this post was submitted on 28 Jan 2024
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252
Gold for house (lemmy.ca)
submitted 9 months ago by [email protected] to c/[email protected]
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wood for sheep?

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[–] [email protected] 4 points 9 months ago

As far as I know, the idea with holding gold in bank storage is, that if hyperinflation occurs, the currency becomes worthless and there will be economic upheaval, but it will not be the apocalypse. And then a new currency will be created and everybody who held physical assets instead of the old currency will be in a way better position.