<html><body><p>The <a href="https://quotes.tuteehub.com/tag/world-23" style="font-weight:bold;" target="_blank" title="Click to read more quotes about WORLD">WORLD</a>'s central <a href="https://quotes.tuteehub.com/tag/banks-4488" style="font-weight:bold;" target="_blank" title="Click to read more quotes about BANKS">BANKS</a> and the International Monetary Fund still have vaults full of bullion, even though currencies are no <a href="https://quotes.tuteehub.com/tag/longer-1666" style="font-weight:bold;" target="_blank" title="Click to read more quotes about LONGER">LONGER</a> backed by gold. <a href="https://quotes.tuteehub.com/tag/governments-8953" style="font-weight:bold;" target="_blank" title="Click to read more quotes about GOVERNMENTS">GOVERNMENTS</a> hold on to it as a kind of magic symbol, a way of reassuring people that their <a href="https://quotes.tuteehub.com/tag/money-296" style="font-weight:bold;" target="_blank" title="Click to read more quotes about MONEY">MONEY</a> is real.</p></body></html>

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The WORLD's central BANKS and the International Monetary Fund still have vaults full of bullion, even though currencies are no LONGER backed by gold. GOVERNMENTS hold on to it as a kind of magic symbol, a way of reassuring people that their MONEY is real.

Author - James Surowiecki Subject - Banks

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The WORLD's central BANKS and the International Monetary Fund still have vaults full of bullion, even though currencies are no LONGER backed by gold. GOVERNMENTS hold on to it as a kind of magic symbol, a way of reassuring people that their MONEY is real.

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The WORLD's central BANKS and the International Monetary Fund still have vaults full of bullion, even though currencies are no LONGER backed by gold. GOVERNMENTS hold on to it as a kind of magic symbol, a way of reassuring people that their MONEY is real.

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