If you do what others do, you will have to charge what others charge.–Laughlin
Category: econocaste
economics .. the short version, since the long is wasted on the young
Gold Standard
A gold standard depends upon the mining, storage, and distribution system of gold. If this is a matter of property then it is yet another shock susceptible system. Like a power supply grid that is necessary but un-maintained.
What you make is sold for money, not barter. Your money depends on gold. Sounds good to me. Anyone want a gold mine in Somalia I’m selling?
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