Believe it is done.
They will print more currency to pay for the purchase and delivery of gold
to their vault.
This is done, whenever they saw the price of gold has dropped, to its lowest level, if possible.
Having stock of gold is still a measure of the value of the printed
currency.
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Print more currency notes..print those currency notes first.. Just like
other superpower countries were doing tat .used our currency notes to buy
more gold n kept in our Treasury..why not?
This is to show our money is back by gold..if asked?
Print more of our currency notes n Channel to our domestic market..making
the domestic market more lively..common sgian on the street are carrying
more money in their pockets.
China is doing tat..why not SG?
If our so called leaders don't understand this logics..I think they must go back to class..
Cos a currency note is just a ]promissory note..foreigner carry our
money..use it to buy SG goods..we surely accepted it wit good faith wat. So
wat is the big problem..
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