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To: Isara

Economists hate the gold standard because fiat currency creates a need for economists.


2 posted on 12/26/2015 12:27:44 PM PST by Bryanw92 (Sic semper tyrannis)
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To: Bryanw92

Gold makes it pretty hard to create and erase wealth with the stroke of a pen.


4 posted on 12/26/2015 12:29:21 PM PST by cripplecreek (Pride goes before destruction, and a haughty spirit before a fall.)
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To: Bryanw92

We can agree on that.


5 posted on 12/26/2015 12:30:14 PM PST by Eddie01 (uh oh)
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To: Bryanw92

Actually anybody they understand that gold is just as much fiat as anything else. Gold has NO intrinsic value, it only has the value we give it: fiat. Things with intrinsic value don’t actually make good money, people are too busy using it for food, tools and buildings.


22 posted on 12/26/2015 3:04:48 PM PST by discostu (Up-Up-Down-Down-Left-Right-Left-Right B, A, Start)
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