Quote:
Originally Posted by Buffy
the gold standard is an ancient, harmful, and fully discredited idea that serves no useful purpose in modern society.
Buffy
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I can well imagine the Romans saying the same thing when inflation was out of control and Diacletian was bureauracrizing government and people were reverting to barter....or Confusian Scholars when paper money hyper-inflation was ruining the Chinese economy. Looking for a magical new way to create more money and pile up debt without suffering the consequences is like the knights riding off in search of the Holy Grail!
