Excellent.
I’m a fan of the gold standard.
our present statist, leftist, social-engineering government, the welfare state, and crony-capitalist class like Zuckerberg, is funded solely by printed, fiat money, manipulated interest rates from the Fed - and the massive debt these create
Not happening.
Not happening.
The Market pins the value of gold to the dollar and no government can fix it for long. War almost inevitability leads to removing convertibility of the currency into gold so there have been few, if any, examples of a true Gold Standard.
Speculators (i.e. Soros) would love a return to attempted fixed exchange rates. Much of his fortune came from busting the pound decades ago.
I guess it doesn’t hurt to have different theoretic outlooks on the economy/monetary conditions.
Yes, I am not totally sold on the gold standard, but any return to an honest money policy would be golden. Instead of the fiat, expansionist monetary policy followed by the world since Nixon.