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Illya Gerasymchuk
Entrepreneur / Engineer
User Illya Gerasymchuk -

2025-09-05 00:34

persistent deficits & refinancing needs will add $1 trillion of new debt in less than a year so gold revaluation is insignificant for US federal government's debt problem

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assuming all of the gold revaluation gains get credited to the Treasury's general account to retire government debt (e.g. by re-purchasing US Treasury bonds from the market) - that would cover a mere โ‰ˆ3% of outstanding US government debt

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