Is A New Gold Standard Possible? https://www.zerohedge.com/markets/new-gold-standard-possible

Reply to this note

Please Login to reply.

Discussion

Requires trust, so probably not a good idea

No

Is a new 1971 (removing Goldstandard) possible?

It failed once, it would fail again.

No. Because gold already proved that it failed as money because it was so easily compromised

#[0]