Home › Forums › The Fiat Standard › Why is there not a single country in the world on a gold standard TODAY? › Reply To: Why is there not a single country in the world on a gold standard TODAY?
MemberMarch 31, 2023 at 07:05
Thanks. The fact that a party who would promote this can not promise voters the same short term benefits as a party who can keep printing money is something I have overlooked. I suppose that would also go back to the fact that parties in a democracy are usually only elected for 4 years.
With that I now wonder if there are any parties in any country who have attempted this or who have come close..