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To: Leaning Right
A gold standard plus continued Congressional overspending would just drain our gold reserves down to zero.

But oddly, that never happened in the 19th century

18 posted on 04/06/2023 7:01:23 AM PDT by PGR88
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To: PGR88

I’m in favor of some kind of gold standard (although I’d prefer a balanced budget amendment more).

But a gold standard has to be in place before Congress starts to wildly overspend (and throw dollars everywhere), not after. So that horse has left the barn. That’s the way I see it. And since I studied chemistry and not economics, I well could be wrong.


26 posted on 04/06/2023 7:08:59 AM PDT by Leaning Right (The steal is real.)
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