The value can drop 10-15% in a week. How the hell would a MFG know how to price his goods? Many products have over a year of lead time and a rather small unit product margin.
Ron Paul is a raving lunatic.
I don’t claim to be an economist, but I assume if gold were monetized it would tend to damp price swings.
But maybe it would make them worse. Don’t know.
You've got it exactly backwards. Gold is stable, currency is not.