Originally Posted by
upside_umop
I can't believe people still think we could go back to the gold standard?
When we were on the gold standard, we were in recession more often than not. I had some graphs earlier in the topic.
What's wrong with printing money? Why be tied to money supply which is based off the geological factors of the earth when this is not correlated to social, political or economic functions of the world?
They talk about all these famous people putting their money into gold - but they're not putting in nearly the proportions that people talk about here. If you want to retain your money in real terms, buy some inflation adjusted treasuries....instead of gambling with something that has volatility of the stock market with a return of less than treasury bonds over the long term.