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View Full Version : The gold standard



ponnarasi
09-12-2006, 10:48 AM
I've heard some folks at work talking about voting Libertarian. I'm probably not going to, but they brought up one point on their platform which sparked some interest in my mind.

Apparently, the Libertarian candidate for 2004 wants to put the US back on the gold standard. I'm assuming this would be a smart move in the long run as our money wouldn't get terribly devalued, but can anyone here explain the consequences of such a move and whether or not this is something American WNs should be interested in lobbying for.