if gold has no value, answer me this..., page-7

yellowcake

I just dont get how you can argue against something that is happening in front of your eyes?

If you remove control of money supply from a Govt, either by pegging the currecy to something like gold or handing control over to a third party like the ECB, you remove the ability to counter recessions.

This doesnt mean you should issue currency beyond potential production capacity, just that removing control leads to long term pain for your population.