Lyn Alden: Gold Certificates Were Basically a Memecoin

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Lyn Alden explains how the Treasury basically ran an old-school financial rug pull: They took the Fed’s gold and replaced it with “gold certificates… a non redeemable certificate that is basically a memecoin.” “Here’s some gold memecoins that legally will shore up your balance sheet… And we’re going to actually take the actual gold.” The treasury went “yoink!” and handed the Fed “IOUs… which they still hold by the way...” individuals were banned from owning gold, told “if you have gold bring it in,” forced to sell at “a 40 50% haircut.” And once the deadlines hit, “then they went and devalued the dollar relative to gold.” 🎬 #LynAlden #Bitcoin #Gold #MoneyHistory #Macro #FederalReserve #Treasury #Inflation #FiatMoney #CryptoEducation