Intricacies of The Gold Standard | The Twilight of Gold Series | Episode 6 (WiM153)
The "What is Money?" Show
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The Global Economy
Gold is tively the grounding mechanism then for these excessive credit expansions. But when you remove that grounding mechanism, as you said, all you're left with just politics. And so you get these positive feedback loops. Just run a muck. They have no corrective mechanism back to economic reality. It just gets further and closer to policy action driving the organization of economic activity in the world. Yes, it is. It annihilates the middle class ultimately. All right, i youo. Well, it's, there's so many counters, very clearly, multi variat being the global economy. There's a lot of things going on here. One of the things i've described is t
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