Home > Miscellaneous Musings, Predictions > The true ‘gold standard’ monetary system

The true ‘gold standard’ monetary system

The true ‘gold standard’ – meaning best – monetary system would be an open, competitive, dynamic monetary system that would allow competing currencies issued by private and public entities.

Libertarians and Austrians do not advocate a return to a govt-run and monopolized gold standard.

They advocate a free market in money production.

Once you grasp this ‘benchmark’ everything becomes much clearer and you can see distortions in the market compared to a stable money system.  This then allows you to make accurate predictions.

Like my prediction that the price of gold and silver will continue to rise.

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