Central Banks Turn to Gold as Losses Mount

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February 20, 2023

Central Banks Turn to Gold as Losses Mount
By Daniel Lacalle
The only reason central banks buy gold is to protect their balance sheets from their own monetary destruction programs; they have no choice but to do so.

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Do Correlations Help Define Money?
By Frank Shostak
Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it.

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