History of the Gold Standard

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  • History of the Gold Standard

    I found this an interesting read. I am not smart enough to decide 'yea' or 'nea.'

    Your comments? Please keep it civil.

    http://www.businessinsider.com/histo...andard-2015-12

    Joe T.

  • #2
    I think having the United States on the gold standard would have and still could limit spending and end the unlimited debt accumulation our irresponsible pols are pursuing.

    However, I doubt that it is more than an academic issue. How could we possibly acquire the trillions of dollars worth of gold to back our debt?
    Harvey Barlow
    Crosby County, TX
    2010 Goldwing Level II Pearl Yellow (sold at 93,000 miles)
    2014 Goldwing Level II Pearl Blue (sold at 27,000 miles to forum member)

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