If you want to have your little pretend piece of paper have some imaginary relationship with the amount of gold you have... you'd better be able to stop everyone from coming to take your gold.
The gold standard has always actually been the violence standard.
[ + ] Sector7
[ - ] Sector7 0 points 1.2 yearsFeb 27, 2023 13:09:18 ago (+0/-0)
[ + ] Thought_Criminal
[ - ] Thought_Criminal 0 points 1.2 yearsFeb 27, 2023 11:56:22 ago (+0/-0)
If you want to have your little pretend piece of paper have some imaginary relationship with the amount of gold you have... you'd better be able to stop everyone from coming to take your gold.
The gold standard has always actually been the violence standard.