Why Do We Not Pay Our Debt Off With All The Gold Reserve At Fort Knox??

[gomiamigo]

just the fact that gold continues to have value is a baffling anachronism of the human psyche.

Agreed.

And the reason there's 'no' gold at Ft. Knox is that our gold stores are mostly in the basement of the NY Fed.

You can take a tour. I recommend it actually, it's a fun hour or two to spend downtown.

[neverstoppers23]

If we continue to furiously print money (diluting the value of each dollar) AND sell all of our gold, we would be paying people back with useless currency. If this happens, Zimbabwe-like inflation would probably occur and we'd all be f'd.

Do you know anything about economics or just listen to crazy talk radio all day...........