Your argument is a circular one: you can’t use gold, because politicians are crooked
Are they more, or less crooked with completely printed money?
So for you, the ideal monetary system depends on having honest politicians.
Again, good luck with that.
Your argument is a circular one: you can’t use gold, because politicians are crooked
...
Nope. You can’t use gold because there isn’t enough of it, except it can work temporarily in a crisis if the politicians also agree to behave for awhile. Funny that you have to put words into my mouth.
You’re still ignoring my Bretton Woods example. I wonder why?
Here’s the big question. There are multiple countries in the world that use the fiat US dollar to either stabilize their monetary systems, their economies or both. None use a gold standard. Why is that?