re: #149 ausador

How about the simple fact that there is no where near enough gold to supply all six billion+ inhabitants of this world with gold currency to replace their paper currency? The United States entire gold reserves would if converted to gold coinage supply us with less than 1/60th of the dollar amount of paper currency currently in circulation.

Personally I find the fact that it is simply physically impossible to be the best argument against it. But that is just me, nitpicking as usual…

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They’re bringing up the argument that “there are other commodities…”