Does large gold reserves stabilize the currency of governments?

Yes they do. Anything of value will help stabilize a currency. The value of most government's money is based on confidence.

That is, nothing. They're like baseball cards, money is only worth what people will trade for it. Many times in history, people lose confidence in a currency, and within hours the currency is worthless.

People who were rich become instantly poor. It has happened in America after the Revolution, in Germany after WWI, and others. Buying Gold is a good way to hold real value, but most smart economists think a currency should be tied to multiple real world goods.

American money was tied to gold until the turn of the century, and in 100 years has lost about 95% of its value! This applies to people too! You shouldn't have all your money in one currency, even if its in a bank.

People should invest in stocks, gold, tin, oil, etc. This is called Diversification and you're a dumb head if you don't do it.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

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