Escherichia on 08 June 2007
Excuse my ignorance for I haven't really put much research into this. It seems to me that only reason to go back to the gold standard is so that we'd have some sort of hard currency to base our monetary system off of. It seems to me that there is a serious problem with this thinking. Gold, other than being an excellent electrical conducter, has the same problem our current system has in that Gold is only really valuble because we make it so. How is this really any different?
