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The gold standard didn’t fail—it was systematically dismantled by governments to expand their control over money. Professor @JTSale explains how and why. #MisesU

14,331 views • 1 year ago •via X (Twitter)

10 Comments

Platinum Thunder Studios's profile picture
Platinum Thunder Studios1 year ago

@jtsale It failed because it was dismantled. Bitcoin allows tx and proof of reserves where gold failed. Bitcoin is the new gold.

The Liberation Project's profile picture
The Liberation Project1 year ago

𝐖𝐞𝐚𝐥𝐭𝐡𝐲 𝐄𝐥𝐢𝐭𝐞 𝐅𝐞𝐚𝐫𝐬 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 Scott Galloway, multi-millionaire professor, gives dire warning about the decline of American capitalism, expanding wealth inequality and far-right CEOs. ★ NEW ARTICLE ⬇️

Nicolas de Cues's profile picture
Nicolas de Cues1 year ago

@jtsale L’étalon or n’a pas échoué, il a été démantelé par les États pour accroitre leur contrôle sur la monnaie

Εcon Bro's profile picture
Εcon Bro1 year ago

@burnthalies @jtsale Contrary to popular opinion, the gold standard didn't fail.

Sound Money's profile picture
Sound Money1 year ago

@jtsale I agree, but the true weakness of the Gold Standard was precisely its dependence on political power. I'm about to defend a doctoral thesis that tangentially addresses this issue: "Bitcoin as a Sound Money: An Analysis in the Light of the Austrian School of Economics."

Libertarian Reform Party's profile picture
Libertarian Reform Party1 year ago

@mises @jtsale American leadership has been inept or evil for generations!

Richard, transforming my mind's profile picture
Richard, transforming my mind1 year ago

@mises @jtsale 🎯

Michael O'Hogan's profile picture
Michael O'Hogan1 year ago

@LPNational @jtsale What is a gold standard? And is it really free market?

Nolan 🚀👉❤ :/ ⛄!'s profile picture
Nolan 🚀👉❤ :/ ⛄!1 year ago

@jtsale Everyone who stayed on it did very good.

AKlibertyman's profile picture
AKlibertyman1 year ago

@mises @jtsale Money is debt not a commodity. Reading the commodity theory of money leads to all kinds of incorrect thinking. For example, thinking that Bitcoin is or could be money comes from such incorrect beliefs and the cult of Crypto groomers. Read this instead.

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