WiM021 - The Frisby Series | Episode 2 | Mythology, Gold, and Government
The "What is Money?" Show
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I'm Miles, and I'd Be the Oldest Person There, Right?
i'm 50 years old now, and i'm right on the sort of tusped between the two things. One possibility i've been considering is that the idea of ever going back to a gold standard just seemed ridiculous. The bizarre thing is, it's the one thing that central banks own. But if there's some kind of eventual hyper inflation or runaway inflation,. collapse of the currency, i think by t inflation is a very real possibility. We might get six or seven % inflation, which would push rates up, at which point everything gos tits up. Andwhen, if things do start to go tits up, you might actually see governments go, well, al ways, bit
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