ext_20838 ([identity profile] osymandias.livejournal.com) wrote in [personal profile] wellinghall 2009-02-03 04:44 pm (UTC)

I was thinking more along terms of gold reserves. However, I suspect we start to move way beyond my economic understanding as to why exactly one needs such things :-) I'd assumed that the central bank/government keeps such things in the same way that banks need a certain amount of reserve currency - am I naieve here?

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