We woun't have any money and then we would have thing for free also we would have no technology
To ground price will fall
destruction of the whole world
India is the biggest consumer of gold in the world with reportedly 737 tones of gold by the year 1997 acoording to the world gold council.
everyone would have the same amount to save, spend, and share the world wouldn't be as good though
Because the amount of gold you happen to find one week is a very arbitrary way to decide what the money supply should be. It would lead to random contractions happening during recessions and vice versa
It would still be gold because you cannot break it down into any other substance.
there would be war and there would be gangs.
If the economy collapsed and there was no such thing as currency anymore. But that would have to happen to the rest of the world too. Kinda like the dark ages but without currency. The gold would probably be a currency of its own as long as it still existed. If the economy collapsed and there was no such thing as currency anymore. But that would have to happen to the rest of the world too. Kinda like the dark ages but without currency. The gold would probably be a currency of its own
You would get arrested
You would get a cat with a beard and a pot of gold.
They would get a gold medal.
It will pass through your body unchanged.
To ground price will fall
The value of gold would simply diminish since it is not as rare anymore.
There would be no slaves in the world..dugh
the ring would melt gradually
No its not, its only gold plated. If it was solid gold it would be incredibly difficult to lift.