Governments grappling with high debt are exploring an unusual accounting maneuver – revaluing national gold reserves at current high market prices to generate funds without raising taxes or borrowing more, according to a Federal Reserve analysis. Global Precedent Exists for Tapping Gold Reserves’ Hidden Value, Fed Says A recent note published by the Federal Reserve […]
Source: https://news.bitcoin.com/high-debt-nations-eye-gold-reserve-profits-for-funding-fed-note-shows/