
899: The Gods of the Copybook Headings with Terror and Slaughter Return!
Radical Personal Finance
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Why Did We Disconnect Money From the Gold Standard?
There is increasing conversations about the need to anchor money to an external, unchangeable standard. I'm not a flag-waving unconditional supporter of those things but that makes a lot of sense to me because I look at the destruction that happens when government bureaucrats can just wave their hands and fund everything they want and destroy it. Let's go back to that stanza from Kipling's poem: In the Carboniferous Epic, we were promised abundance for all by robbing selected Peter to pay for collective Paul. But though we had plenty of money, there was nothing our money could buy. And the gods of the copy book, Heading, said, if you don't work, you
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