Re:The Joy of Fuck-You Money (2018)
by foobarbecue on Friday March 12, 2021 @08:28AM
(#26435583)
Gold was even less stable.
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Re:The Joy of Fuck-You Money (2018)
by tastyfreeze on Friday March 12, 2021 @10:08AM
(#26436585)
That is false. Over the long term the value of a full reserve gold backed currency is stable. When politicians print more money than they have in gold is when things start to go wonky.
Re:The Joy of Fuck-You Money (2018)
by foobarbecue on Sunday March 14, 2021 @01:46PM
(#26457169)
I'm referring to the wild historical fluctuations in gold price that happened every time there was a gold rush, war, and / or run on gold.