Currency under the bed
Reader comment on: Ray Dalio on Gold, Cash Under the Bed
in response to reader comment: Currency under the bed is also a government loan
Submitted by gemini (United States), Sep 20, 2012 00:21
If we have gold as currency how do we know what it is worth in the future .How will we use it . If it is in coins and use it as currency how will we get change from a purchase since only a small number of people have gold.If we have some dollars we will have buying power. If some have purchased gold and we are not on the gold standard how will it be converted?
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