Quote from: Money Topic

The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.


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Author Bio


  • NameJames Surowiecki
  • DescriptionAmerican journalist
  • BornApril 30, 1967
  • CountryUnited States Of America
  • ProfessionJournalist