Post
Topic
Board Economics
Re: Italy just figured out that the country doesn't fully control its gold
by
Marry Finch
on 14/05/2019, 20:45:50 UTC
There is nothing surprising here. All 28 states that are part of the European Union, have combined their economic resources and on the basis of this have created their money - the euro. Therefore, of course, they should have some restrictions on disposing of their gold and foreign exchange reserves. This is necessary in order for the euro to be provided with both gold and other material values ​​and does not lose its value.