ReAmericaNow
Member
- Feb 17, 2010
- 43
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☭proletarian☭;2020130 said:Oil is limited resource, dude. Gold and silver stay around. Even if used, they can be melted. Also, how the hell do you make oil currency?
Oil simply doesn't lend itself to use as currency.
I was just referring to how you said that that gold and silver can not be inflated because you have to find/mine/extract more. But a gold standard system does not mean that gold coins have to be used. You can still use paper money, but the paper money is worth a certain amount of gold. So, we still could use an oil standard system, if you want to base the economy on something more concrete then blind faith.