You like Albert Einstein?This is what he said about the gold...

You like Albert Einstein?

This is what he said about the gold standard.....


“The gold standard has, in my opinion, the serious disadvantage that a shortage in the supply of gold automatically leads to a contraction of credit and also of the amount of currency in circulation, to which contraction prices and wages cannot adjust themselves sufficiently quickly.”

https://www.*.com.au/einstein-on-the-inherent-flaws-in-the-gold-standard-2011-1?r=US&IR=T