The huge, obvious problem with restoring the gold standard
Posted by Mark Plus on June 1, 2023, 5:46 am
If you don't have enough fiat dollars now to pay your bills, you certainly don't have enough gold to pay those bills, either. Under a re-imposed gold standard, you would just be trading one kind of poverty for another. For some reason the gold-standard obsessives don't want to talk about that.
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