First I have to go back to the Gold Standard because of runaway inflation. Now I have to go back to the Gold Standard because the dangers of deflation.
Seems to me if the volatility in the value of fiat currency is the problem, then these people should be putting money where their mouth is by buying up a different fungible good. Like… I don’t know… gold?
I’m totally confused.
But don’t worry, apparently I’m an expert because I can see my wallet from my bedroom.