You are viewing a single comment's thread.

view the rest of the comments →

0
0

[–] daskapitalist ago 

I have a hard time seeing a gold backed Yuan have a substantial effect in the short term. The main value of the gold standard is to prevent inflation from excess printing of fiat currency. Given the current US inflation rate of 1%, I expect bondholders to prefer that 1% inflation to the higher volatility of gold.