Print more money to make it more valuable
Just a confusing thought I had. If we print more money then investors buy more gold.
As I understand it we are the largest holder of gold reserves.
When the dollar drops 1% gold goes up 2 or 3%.
The more dollars we print the lower the dollar goes and the more gold goes up (3 to 1.)
So United states is becoming much richer in gold as we print more money.
So does that mean our dollar is worth more since gold is worth so much more?
And if it is worth more shouldn’t gold, wait, no, ok dollar going down makes gold go up, but gold going up makes dollar… wait, ok I don't understand.
Very confusing, any thoughts?