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Forum - A 'Wingnut Argument' For The Gold Standard

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Agent MattPosted: Feb 11, 2011 - 10:49
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Genuine American Monster

Level: 70
CS Original
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AKBastardPosted: Feb 11, 2011 - 11:06
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Level: 5
CS Original

Nice argument. Too bad there's not enough gold on the entire planet to back even a fraction of what America produces.

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GenogzaPosted: Feb 11, 2011 - 19:03
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Life's Too Short

Level: 1
CS Original

This is why I never supported the Gold standard point of the libertarian view. We don't have nor will ever have enough gold or any kind of material backing to make it work. The money supply will always increase, but raw materials won't.

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