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Intricacies of The Gold Standard | The Twilight of Gold Series | Episode 6 (WiM153)
The "What is Money?" Show
The Limits of Technology in Production
It's kind of a reflection of what we described earlier, where the country where you're you're now governed by the craziest a geo political leader that if he's debasing his currency to wage war. Andan all this presumably was regulated, self regulated via automaticity of the gold standard. But you pull out, it's going to say, you pull that out, and it runs a muck, right? You can have the new crazy neighbor who's using the system in a crazy, irresponsible way,. If you still have the gold standard at the base of it, because that person will liquidated. Exactly. This isiii im. I'm highlighting all these passages which talk
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