re: #13 Killian Bundy

A return to the gold standard?

/that’s really dumb

I’m read Milton Friedman’s Money Mischief, Thomas E. Wood’s Meltdown, “The Case against the Fed”, as well as Mises arguments for the Gold Standard.

The reasons for the gold standard are actually quite strong and outweigh the tradeoffs in my opinion. Fiat currency outside a war has never been tried in world history, and usually leads to disaster. Our experimentation strangely is something that people take too lightly.