re: #558 Charles

You’re right about that. It’s the mainstreaming of Ron Paul.

Anyone who believes switching back to the gold standard is a good idea is ignorant of American history. One of the causes of the Great Depression was the fact that the gold standard was simply not a viable base for an economy the size of America’s — and our economy now is larger by an order of magnitude. There isn’t enough gold in the world to back up the US dollar.

Gold is finite.
Wealth creation in a growing economy expands.
As it expands it dilutes the “share” price of gold.

Not a difficult concept at all.