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What Will Money Look Like After the Dollar?
Hedges: The big story here isn't about cryptocurrency, it's about money. He says the nation that runs the currently dominant global currency used to make international trade easier abuses that privilege so much. Central banks around the world have been and continue to accumulate gold in what is likely a defensive move, he says. Hedges: All told, central banks acquired some 228 tons of gold in the first quarter.
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