Fractional Reserve Banking | "Up Until Covid Banks Had to Keep On Hand 10% of Your Deposit, Then They Could Lend Out the Other 90%. When Covid Hit, They Got Rid of Those Rules. Then Banks Only Had to Keep 0% of My Deposit."
Gold | “If we had a dollar crisis, gold would have to go up 19X to match the price level it was at in 1980 relative to foreign treasuries outstanding ($42K). 3x to 6x, that’s just getting back to long-term avg.” - Luke Gromen