post yours here.
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i saw a car a few days ago that had a bumper sticker which read: "demand the gold standard"
is this guy just living in the forties, or do people actually want to bring back the gold standard?
i believe that the gold standard is a bad idea because:
(a) relying on a commodity like gold brings volatility to the currency value
(b) most macroeconomists agree that a small amount of steady (read: fairly predictable) inflation is good
(c) government control over the money supply is definitely beneficial at times
--
i saw a car a few days ago that had a bumper sticker which read: "demand the gold standard"
is this guy just living in the forties, or do people actually want to bring back the gold standard?
i believe that the gold standard is a bad idea because:
(a) relying on a commodity like gold brings volatility to the currency value
(b) most macroeconomists agree that a small amount of steady (read: fairly predictable) inflation is good
(c) government control over the money supply is definitely beneficial at times
monetary policy is super hot
:)
I would vote Fsmart into office any day!
haha