Beyond industrial and luxury purposes like computers and jewelry, why do communist countries need to mint gold bullion? I guess it has something to do with trade but it’s seems to be used internally too, so how is gold used exactly in communism?
Beyond industrial and luxury purposes like computers and jewelry, why do communist countries need to mint gold bullion? I guess it has something to do with trade but it’s seems to be used internally too, so how is gold used exactly in communism?
As a store of value also it's a reliable currency that can be used for international exchange