Re: Explain to an idiot the benefits of going back to the Gold standar
[ QUOTE ]
i guess then the real issue is defining what is meant by the "gold standard."
[/ QUOTE ]
Wasnt the value of gold basically decided by governments?
I dont think its really a question of gold standard or not but how much government intervention in the money supply. So what you call a gold standard isnt what we call a gold standard. Its kind of hard to have an arguement when we have different definitions of what we are argueing about.
|