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The Gold Standard ties in so many other financial concepts and...

  1. 83 Posts.
    The Gold Standard ties in so many other financial concepts and issues.

    Some (left-wing, Keynesian, etc) thinking thinks of the gold standard as an anchor on spending, growth ie. a drag on what can be achieved in an economic sense.

    The gold standard is not an anchor but rather a keel on a boat that stabilises virtually every aspect of the economy.

    If our desire is to rape the limited resources of the earth in as short a time as we can by "borrowing" in an unconstrained way from the "future" then we have achieved that system already. And we've discovered that there is no future in this sort of system.

    The stabilising effect of the gold standard allows a sensible and real system of existence; of honest reward for honest work.

    We haven't even scratched the surface of what is possible.
 
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