[Travis McGee]

Today Brinker was asked about the gold standard, and stated flatly that we went off the tracks when FDR and then Nixon took us off the gold standard. It gave congress a blank check to create debt to infinity, and here we are. I was shocked that Brinker came out in support of the gold standard. Amazed.

[af_vet_1981]

I was shocked that Brinker came out in support of the gold standard. Amazed.

The gold standard doesn't make sense to me. I could see an oil standard, a natural gas standard, a milk standard, a cereal standard, a meat standard, a fish standard, a car standard, an airplane standard, a clothing standard, etc. Gold is not useful for much beyond fillings and jewelry.

[B-Chan]

Problem: the U.S. Bullion Depository at Fort Knox only has about $135B in gold on hand. How could we back the trillions of circulating dollars with only that much gold?