well, at least the people who set supply are not constantly trying to spend coins they don't have in order to get to keep on being the people who set supply!
Explain this to me like I'm in kindergarten: Why have people who want to return to the gold standard been demonized in mainstream quarters for as long as I can remember as being batshit crazy?
I'm not an economist or even terribly competent at math. But the gold standard always seemed like a reasonable idea to me.
Explain this to me like I'm in kindergarten: Why have people who want to return to the gold standard been demonized in mainstream quarters for as long as I can remember as being batshit crazy?
I'm not an economist or even terribly competent at math. But the gold standard always seemed like a reasonable idea to me.
Oh yeah, well, when hyper-inflation takes off, I'm going to be a millionaire!