"I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." - F.A. Hayek 1984
  • @[email protected]English
    2•1 year ago

    Well, Gold actually has uses in industry and is an actual tangible thing that people like- but I understand your point.

    and yes, I know going back to a barter economy is basically impossible without something like an apocalyptic crash of society & civilization in general.

    • @[email protected]English
      2•1 year ago

      I think the issue is that gold is way overhyped. Its actual value is pretty low, even aluminium is more industry-critical than gold…