Not true, Gold has a use and a value that can be trusted. That's the key to having an object based currency. If you no longer trust the person holding it the money is now worthless and that government cannot buy anything. That's why they froze the gold then got rid of the standard. We could make the government stop spending by making our money worthless then backing up somebody we can trust to manage that money. Now we can't stop and now our government won't stop being irresponsible. Coincidence I think not.
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US DEbt Limit Raised
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