Thread: Fiat money
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Old Nov 9, 2009, 08:49 am   #6 (permalink)
grandpa
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Location: Michigan
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Quote:
Quote by: SmirkingMan View Post
Gold is an extremely volatile commodity, so it would probably
be unwise to try and return to the gold standard.
In fact, gold seems to me to be a perfectly
arbitrary standard, why not some other precious metal, or something
completely different?
An important step to social freedom, I think, is to free ourselves from monetary indoctrination. Then we will begin to think for ourselves. Once this is done, we can begin to adequately address economic questions.

Grandpa h.


One proposed to be roasted at the stake
should not douse himself in flammable oil.
Yoruba proverb
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