Linus Van Pelt
Sr. Member
Posts: 2,145
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« on: February 16, 2012, 09:53:34 PM » |
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Yeah, I've often thought this too. If the price of dollars is fixed in gold, then the price of gold is also fixed in dollars. It's pretty odd to construe picking one metal and fixing its price by government fiat as a natural part of a rigid free-market ideology.
Wormyguy, to his credit, has been clear about this on the forum, and has advocated some sort of floating private-currency scheme along the lines of what Beet suggests, unlike the Paul people.
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