"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Re: Yes, the Gold Standard is a Bad Idea
"So, relative to the Federal Reserve’s “stable” dollar, the price of gasoline increased by 245%. Relative to “volatile” gold, on the other hand, the price of gasoline decreased by 0.5%. Which one is the bad idea again?"
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