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Updated almost 15 years ago,

User Stats

388
Posts
138
Votes
Ali Samana
  • Real Estate Investor
  • Frisco, TX, TX
138
Votes |
388
Posts

Where would we be if we were still on the gold standard?

Ali Samana
  • Real Estate Investor
  • Frisco, TX, TX
Posted

In his new book, "Conspiracy of the Rich", Kiyosaki talks about us as a country breaking away from the gold standard and how that made our money funny money.

I am definately no expert on that but would love to see what others think about it. I just finished up reading a bio of Roosevelt and it went into some depth on how the farmers of that era were against the gold standard so the inflation would help them pay less over time (buying power).

What are your thoughts on the gold standard?
Any idea where we would be if we were still on the gold standard?

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