So just put an arbitrary amount on the price of gold, huh? That’s smart. <s/
No
The price would float. Your ignorance of gold/money is embarrassing you and you don’t know it.
Your old argument has been disparaged so many times. Do you read at all?
Do you think the price of gold is somehow arbitrary ?
The price of angled backed economy’s set by some clown in a room?
You sound so confident in your post that there is not enough gold in the world. Yet, you fail to consider price in your deep analysis.
You'll recall that FDR called in all of the gold and set an arbitrary price of $35/ounce.
That worked out quite well. For the government.
Why the populace stood for it I'll never understand.