FA_Q2
Gold Member
- Dec 12, 2009
- 25,421
- 6,779
I am not totally convinced of that to be honest. I am no fan of the current fiat money supply but I have not heard really convincing arguments that the gold standard was a whole lot better considering the boom bust cycle was so much more volatile under it.It means there would be no worthless Federal Reserve Notes in circulation, and everyone would be using US MINT Gold/Silver Eagles instead. That would be a good thing.
Either way, that was immaterial to the point I was bringing. Weather it would be better or not was not the thrust of what I was getting at.