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Gold Standard

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LooN3y:
is it possible to go back to teh gold standard after so much money was printed?

J Bananas:
well when our dollar becomes kindling essentially i'm sure we'll at least consider it.

dexter:

--- Quote from: TELL IT TO MY MOTHERFUCKIN   ______ on July 18, 2008, 04:29:24 PM ---well when our dollar becomes kindling essentially i'm sure we'll at least consider it.

--- End quote ---
it thought it already was  ::)    Isnt silver BETTER?

Elevz:
I'm not an economic expert, but it seems impossible to me. Once there's more money in print than backed by gold, I don't know who would be willing to bridge that gap. Nobody would be so stupid as to give away gold for free. Otherwise... I'm not sure how deflation and the gold reserve interact. That could be the answer, for all I know.

wilz:
never mind gold, in the not so distant future, deals will be done in OIL not dollars or gold

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