on re-establishing a gold standard
This essay has been a long time coming, as my thoughts on how to implement have changed as the price of gold and silver have climbed and inflation has bit since the pandemic. It will briefly summarise my thoughts on the desirability of a gold standard, and then describe a practical plan for doing so. It is focused on the UK but other countries could adopt a similar plan, and based on current (August 2024) gold prices . Humans have used various forms of currency since the dawn of time. Gold and silver coins have been used since Lydia minted their Stater . Dominic Frisby has written extensively on the history of the Gold Standard, house prices and wages in gold , and its industrial uses so I'm not going to recount them here, merely add that I've been reading about this topic since Detlev Schlichter's Paper Money Collapse came out 10 years ago. Since my early teens, I've also been interested in coins and money, bringing coins back from foreign trips and collecting b...