History of the Gold Standard

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  • Joe T.
    started a topic History of the Gold Standard

    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.

  • HBarlow
    replied
    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?

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