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<p>[QUOTE=&quot;Danjohnson, post: 2495065, member: 80228&quot;]If we&#039;re on a gold money standard but without FRL (100% reserve requirement), wouldn&#039;t the value of money increase (if the volume didn&#039;t) in relation to other goods? I don&#039;t see how that would hinder or stop growth of good ideas though it might reign in excessive speculation; Especially if the loses weren&#039;t backed with public bails.</p><p><br /></p><p>No expert but it seems to me it would merely result in &quot;good&quot; price deflation. And of course as the value of gold increased, so too would the incentive to mine gold which should create a natural market balance?</p><p><br /></p><p>I wouldn&#039;t be against speculation with monies divorced from my wallet either or any other ideas that decentralize the control of money. Win big, good for you - lose big, bad for me has to stop.[/QUOTE]</p><p><br /></p>

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