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Donotunderstand

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Donotunderstand

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Re: BlueMoonInvestor post# 727876

Friday, 07/29/2022 2:25:16 PM

Friday, July 29, 2022 2:25:16 PM

Post# of 800820
I think I understand the idea of a gold standard when the price of gold is fixed

(not sure I agree with it - but understand it)

But when the price of GOLD is market based ---- how is it possible to link the number of dollars to the amount of gold in weight

are we richer as a nation when the price of gold is bid up
are we poorer as a nation when the price of gold is bid down

?
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