#reserves

3 stories

#central bank #1031 exchange #banknotes #business #cash distributions #china #commodity markets #currency #currency peg #delaware statutory trust #depreciation #devaluation

China's gold rush hits record as it ditches the dollar
Beijing's central bank and households are buying gold at unprecedented levels, reshaping global bullion markets and shoring up prices.
CNBC · 2m
Why DST Investments Create Tax Timing Differences
DST investors pay taxes on retained income before cash distributions.
Kiplinger · 1m
The Hierarchy of Money
Villagers build a money hierarchy where stones, banknotes, and reserves each serve different roles in trade and crisis.
Gregorygundersen · 1m