Message:

<p>[QUOTE=&quot;Troodon, post: 547823, member: 4626&quot;]Er doubt it&#039;s likely to pass.&nbsp; The reason why no country is currently on the gold standard is because it&#039;s very restrictive on monetary policy, and politicians, for better or worse, prefer the flexibility of the currency backed by fiat rather than on gold reserves.&nbsp; I&#039;m guessing it won&#039;t even get out of comittee.</p><p><br /></p><p>The US hasn&#039;t been on the gold standard since we were taken off of it in 1974.</p><p><br /></p><p>Whether or not we <i>should</i> be on one or not is a matter of political debate and won&#039;t get into it here.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in