Just throwing out a topic for discussion here for any economists/sociologists who might be browsing.
I am aware of the large number of historic coins (minted before the 35') floating around in the current market, not to mention the availability of Golden Eagles.
What would be the nessesary cornerstone in operating in this form "Gold Standard" curency? ...Banking Laws? Availability? Culture?...
Once again, I've never thought much about this, but have been reading some William Gibson futurist stuff ( Burning Chrome) and this form of currency was popular among the "Proles" in his story. Illuding to the fact that the they operated "around" the organized currency in their period (which is fantasy).
The idea of what the value of our dollar is about to become makes a black market mentality kind of fester (at least in the back of my brain).
Can someone smarter than me expound on this?
GD
I am aware of the large number of historic coins (minted before the 35') floating around in the current market, not to mention the availability of Golden Eagles.
What would be the nessesary cornerstone in operating in this form "Gold Standard" curency? ...Banking Laws? Availability? Culture?...
Once again, I've never thought much about this, but have been reading some William Gibson futurist stuff ( Burning Chrome) and this form of currency was popular among the "Proles" in his story. Illuding to the fact that the they operated "around" the organized currency in their period (which is fantasy).
The idea of what the value of our dollar is about to become makes a black market mentality kind of fester (at least in the back of my brain).
Can someone smarter than me expound on this?
GD