Reply to Re: What is your worst nightmare
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Well if you couple the value of your currency to gold you know that the currency will keep it's value because you can't magically create more gold. Unless you happen to own the philosopher's stone. So a government can't issue more money than they have in gold which makes the currency reliable.
I believe there are no currencies still coupled to the price of gold anymore.
I believe there are no currencies still coupled to the price of gold anymore.
