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Old 10-19-2007, 03:14 PM
Luxoris Luxoris is offline
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Join Date: Jul 2007
Posts: 106
Default Re: If the Gold standard came back ...

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Most of golds value derives from the same reason the dollar bills in your pocket do.

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However one has the ability to be created out of thin air, and one does not. Even if they only have value for the same reason, seems like one has a clear edge here.

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Yes. paper money has the clear edge because the cost of production to keep up with economic growth is far less expensive.
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