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ilmscore | Prediction Details
"this created an incentive to have less and less gold deposits backing the paper banknotes in circulation"
By
Coin Bureau
|
May 1, 2024
|
Pending
0
0
From video
Our Financial System is Doomed – Here's Why
00:21:00 - 00:21:07
Interpreted Prediction
There was an incentive for banks to reduce the amount of gold backing their circulating banknotes.
Prediction Details
Topic
Incentive for Lower Gold Reserves
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