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<p>[QUOTE=&quot;Cloudsweeper99, post: 1179584, member: 3011&quot;]Then we&#039;ll have to disagree.&nbsp; The only value of gold or a gold standard is the control over the issuance of additional currency.&nbsp; And for this purpose, a 60% or 40% or whatever gold backing for the currency is about as good as you are going to get.&nbsp; Germany ended their inflation in the 20s by &quot;backing&quot; the new currency with all of the land in Germany.&nbsp; Alexander Hamilton did the same thing to end the inflation in the US.&nbsp; The popular but shortsighted all or nothing approach ususally ends up with nothing in practice.[/QUOTE]</p><p><br /></p>

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