The Use of Financial Repression | The Lyn Alden Series | Episode 2 (WiM190)
The "What is Money?" Show
00:00
Is There a Gold Standard to Day?
As long as they have captive audiences and capital controls to restrict people, because the people getting inflated would want to get out, ye, if they can impose that restriction, than it works. And then both countries an ip with inflation. Maybe the one country has more inflation, but they also have more stuff that they got on quickly fore that flation really kicked in. So i think that goes back to the question of, you know, i ao 200 countries. Why don't you see a gold standard to day? The incentive structure of the order of technology that we encounter just opened up so many intra-country arbitrage opportunities.
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