Topic: The Gold Standard (Bad or Good) (Read 262 times)
The representational aspect is the key, representational money in general, not just gold backed is much better than fiat, its useful for controling and measuring value...
The unstableness of golds price would make a gold backed economy unstable. Gold standard would also limit governments ability of responding to crisis which could be argued as either a pro or con depending on your perspective. What is your view on the gold standard would you be for or against it?
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