Read or listen now | Celebrate the pound coin's 40th birthday with a look at its declining purchasing power, revealing over 90% loss in value due to government debasement and inflationary policies.
I love the idea of going back to the gold standard. But let’s be honest, we are so far gone that any attempt to do so would cause such an almighty cluster of biblical proportions. It’s too late. Governments couldn’t move back to the gold standard now even if they wanted to. We are passengers on a runaway train
I love the idea of going back to the gold standard. But let’s be honest, we are so far gone that any attempt to do so would cause such an almighty cluster of biblical proportions. It’s too late. Governments couldn’t move back to the gold standard now even if they wanted to. We are passengers on a runaway train
Yup!