[Huebolt]

...doesn't have to accept dollars?

So someday the checkout at Krogers will have a little scale measuring gold dust according to the current rate? Yeah, maybe.

The HUGE problem of the gold standard is: There is only so much gold. It's like a six year old child only has a certain amount of blood. And will never get any more regardless of how much they grow. Economies would die instantly on the gold standard. It would, however, prevent inflation - and there certainly will never be a "gold bubble".

Do remember that it was a FEDERAL CRIME for Americans to own gold. Obama would do that in a heartbeat. Already plans for it, I'd bet. Has precedent, after all...Take it away at the point of a gun. Get caught with it and go to jail. Resistance is futile. CommieMedia show trials and all. Sounds like a plan.

[Freedom4US]

So someday the checkout at Krogers will have a little scale..."

No, not saying that at all. The point is, that a merchant is free to set the terms of sale, not the buyer. Has nothing to do with gold dust or anything else.

Yes, it was a federal crime to own gold, when gold was money. Wasn't that nice of the government? Now, it isn't, and it isn't. Does that all make sense now? If the government tries to outlaw gold now, it would be more of a disaster then it already is, if that's possible. So, you're probably right.