I saw this on an anti-Ron Paul site today. Some marxist said if America goes back to the gold standard it would either have to buy up all the gold on earth or it would have to find a way to take money out of circulation in order for the amount of money to equal the amount of gold. Is this true?
Hey guys, I have a question regarding sound money. I'm having an argument with someone who says that sound money would inhibit investment. Here's what the guy has to say: "A strong gold-backed currency, high interest rates and so on would make money so expensive that investment just wouldn't...