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Govt revenues in fiat (but not legal tender for private payments) vs. govt revenues in gold.

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Govt revenues in fiat (but not legal tender for private payments) vs. govt revenues in gold.

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No2statism Posted: Sat, Feb 2 2013 4:36 PM

What do you think the pros and/or cons of each are?

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Neodoxy replied on Sat, Feb 2 2013 4:49 PM

Gold is better

At last those coming came and they never looked back With blinding stars in their eyes but all they saw was black...
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Wheylous replied on Sat, Feb 2 2013 7:34 PM

Why would gold be better? It can't be inflated.

From whose perspective are you analyzing the situation?

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No2statism replied on Sat, Feb 2 2013 8:01 PM

@Wheylous:  I'm asking which is a lesser evil from a libertarian perspective.

Thanks for replying to this thread:)

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Minarchist replied on Fri, Feb 8 2013 11:19 PM

Gold. The alternative gives the state an opportunity and a temptation to inflate.

apiarius delendus est, ursus esuriens continendus est
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Anenome replied on Sat, Feb 9 2013 12:38 AM

Certainly gold is better from lib persp. But governments want control. They can't control gold. And they get to choose how they're paid. The bastards.

Autarchy: rule of the self by the self; the act of self ruling.
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