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Old 09-20-2007, 04:44 PM
Low Key Low Key is offline
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Join Date: Jan 2007
Posts: 548
Default Re: Explain to an idiot the benefits of going back to the Gold standar

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A few decades ago, I think it was US$35 per ounce of gold, and you could trade the paper around, but if you ever wanted to, you could redeem that paper for real gold from the government.

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Man, you ever try to buy a cheeseburger at McDonald's with a few flakes of gold dust? They look at you like you're a looney!
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