Comments by "Maria" (@maria8809ttt) on "Trump is making words meaningless, and we must recreate that lost meaning" video.

  1. 'Much attention has been focused on US gold reserves in recent days, especially the stockpile in Fort Knox. While Treasury Secretary Scott Bessent dismissed the possibility of revaluing the stash of gold to market levels, an analyst said that would be bullish for prices, which have already been on a tear. Revaluing US gold reserves to match current market conditions would add more momentum to prices as it would signal the precious metal isn’t an anachronistic asset, according to a Wall Street analyst.' Ref: Fortune Titled: Finance·Gold Repricing US gold reserves would be bullish for the market, signaling the precious metal is not a ‘barbarous relic,’ analyst says. My question on reading this, that came from a treasury value perspective was, how will this affect the gold market. The Fed validation of gold value whilst it is in a bubble will have consequences in the Gold market. The game is a foot. Words do matter in politics as they are used to change public perceptions.
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  2. Gold value has no bearing on state expenditure capabilities, it is just government accounting. However an increase in state asset value holdings can change the amount of taxation required from the private sector within the restricted neoliberel doctrine, to keep to the governments self inflicted fiscal limits.
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