@BowsacNoodle @shortstories @Tfmonkey @VeganMGTOW @white_male
To all your points, goldtopia has several drawbacks: it curtails government spending, it's very harsh on financial bubbles and it's not forgiving to debtors and failing businesses.
Also, you cannot have a welfare state while on the gold standard.
But the biggest drawback of all is, naturally, war! Since you can't simply print money, you gotta legit sell your bonds or tax your citizens heavily to fund your wars.
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Zeb Tepes (zeb@merovingian.club)'s status on Tuesday, 06-Feb-2024 08:13:46 JSTZeb Tepes