Explain to an idiot the benefits of going back to the Gold standard

[NeBlis]

How to know that you are at least 98% correct in your political / economic assumptions.

Midge and Q over Q both think you are wrong.

[PLOlover]

one question:

why do the central banks have hundred of tons of gold?

[PLOlover]

interesting greenspan interview.
http://prisonplanet.com/articles/sep...7Greenspan.htm

he said a central bank not necessary when on the gold standard, but by the 1930's it was felt that the gold standard was bad. well no duh, since fed was 1913-14.

I mean wouldn't a central bank want to get rid of the gold standard?

logicians, if central bank not necessary when on teh gold standard, what is "gold standard not necessary when there is a central bank"?