Intricacies of The Gold Standard | The Twilight of Gold Series | Episode 6 (WiM153)
The "What is Money?" Show
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Is It a Paradox?
It'sanonte: We have to find some rules that everyone can agree on. That's the only way to have productive, co operative competition between strangersyes, different languages and live on different continents,. in a successfully reputable game. The truth of living on earth is what we have gravity for. Energy cannot be created nor destroyed. And so long as banks adhered to that standard, it gave them a i guess freedom to operate in a sustainable way.
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