Quote:
| But I'm not the one trying to make the argument here, you are.
You have to present something better than 'well it worked once, it can work again'.
Give something for the gold standard not against the current system. |
I thought I did that when I said that money cannot devalue when it is backed up with gold.
What is the problem we are having now?
The dollar continues to devalue and we are in effect printing worthless money.
Solution: Back it with gold and it doesn't devalue.
Problem solved in my opinion.