How would a sudden large amount of gold (71 Trillion USD, equals the world’s GDP) appearing out of no-where affect the world’s economy or…

Answer by KC Yee:

since our current banking system is not gold based, sudden influx of newly found gold will not have much effect other than a mirrored sudden drop in gold prices.

How would a sudden large amount of gold (71 Trillion USD, equals the world's GDP) appearing out of no-where affect the world's economy or…

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