X @Nick Szabo

RT Arnaud Bertrand (@RnaudBertrand)I was studying other times in history when gold prices more than doubled in the reserve currency of the time, as they did in the past year: it's rare and almost always a sign of a profound loss of confidence in the existing monetary and political order, going all the way back to the Roman empire (the so-called "Crisis of the Third Century").And it often marked the transition from one era of power to the next: the fall of Rome, Spain's decline from world power, the French R ...