Maybe even centuries. Or millenia; the first derivative contracts date to the first century BC.
But they can’t stop fundamentals. The debt. The deficit. That’s why gold is up over 40% in the last year, and 160% in five years, paused only by a war in the Middle East from a guy who promised no more wars, no more income tax, no more deficit and paying down the debt. When the smoke of war clears and people realise that it has only caused the debt and deficit to increase even more quickly, PMs will continue where they left off.
