Hello, I've posted this in the new forum, but it seems like there's a lot more going on in here, so I decided to repost it here: Inspired by the recent events in Switzerland Ive been thinking about what would happen, if Switzerland would introduce the gold standard. Would it be a good idea to do that while everybody else doesnt have it? How would they relate to fiat currencies? Nobody would want to exchange gold against paper, right? The Swiss already have a strong currency and there exports suffered. So what would have happend to foreign trade if they just wouldnt have inflated their economy and what would happen if they would introduce gold money.
Greetings, mido
Salerno discusses a lot of issues relating to the question of a return of a gold-standard here: