"the gold standard is not feasible because of the environmental impact of mining it"
While that is a good case against a gold standard from an environmentalists point of view, there are better economic reasons against a gold standard. If the purpose of monetary policy is to maintain constant prices it is a better idea to link money supply to changes in the level of economic activity, rather than the level of gold production.
- Forums
- Commodities
- GOLD
- gold
gold, page-49304
-
-
- There are more pages in this discussion • 79,598 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)