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> Back then it was unthinkable that farmers would be able to invest to say, buy fertilizer This seems very misleading. It wasn't unthinkable in 1969, when the
by car_analogy 4y ago
> Back then it was unthinkable that farmers would be able to invest to say, buy fertilizer
This seems very misleading. It wasn't unthinkable in 1969, when the gold standard was still in place.
> they hope that they'll get to live like French aristocrats before the revolution.
While not a goldbug myself, ascribing base motivations to adherents of some idea is a poor substitute for an argument against the idea itself.
- PaulHoule 4y agoUnder Breton woods the gold standard was managed in a way quite different from the pre WWII regime.