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RE: GLOBAL DEBT, GDP ...and Unfunded Future Liabilities..!!
Ok that makes sense.
I understand your point of the Future Liabilities. I am just saying that politicians often overpraise and under deliver and that applies to laws that promise saving and services in the future and then often get changed.
The main issue I have with doing this math however is that i think equating gold with all money in the world assumes that we are going back to a hard gold standard, which I find not very realistic, given how gold cannot be used as money in a modern society very well. Maybe I am wrong on this one though.
"politicians often overpraise and under deliver ". Very true but shortly this will come to an end. Soon BLOCKCHAIN will be applied to Government and that's when the real fun will begin. In the future there will be no Central Banks and Governments will look NOTHING like they do now. GOLD will return as the Global Benchmark. 100%. Stephen