The Bank of England
Have a look inside the Bank of England.
There's no gold. Where has all the gold gone? We sold it all and we can't afford to buy gold any more.
There is only piles of paper (and we can print as much of that as we need).
Does a bank need gold anyway? Does it even need paper? Maybe the Bank of England could just contain a computer with a number inside it.
Then we could make the number anything we want.
There's no gold. Where has all the gold gone? We sold it all and we can't afford to buy gold any more.
There is only piles of paper (and we can print as much of that as we need).
Does a bank need gold anyway? Does it even need paper? Maybe the Bank of England could just contain a computer with a number inside it.
Then we could make the number anything we want.
Comments
Post a Comment