And printing our way out of every crisis where people act irresponsibility with credit is? There are no fucking consequences for money managers out there And therefore no semblance of personal responsibility. We just trained millions to look to the government when times get tough.
Partial backing of diverse rarities, not just gold, is a good policy.
That's a common response to the idea of the gold standard. Out of curiosity, what do you think the gold standard means? How do you think it is applied in reality? I ask, because I suspect you have been mislead about how it works, and I want to tease out the answer.
And printing our way out of every crisis where people act irresponsibility with credit is? There are no fucking consequences for money managers out there And therefore no semblance of personal responsibility. We just trained millions to look to the government when times get tough.
Partial backing of diverse rarities, not just gold, is a good policy.
That's a common response to the idea of the gold standard. Out of curiosity, what do you think the gold standard means? How do you think it is applied in reality? I ask, because I suspect you have been mislead about how it works, and I want to tease out the answer.