October 19, 2008

How To Make Things Better

I'm surprised that an actual majority of NAPP poll respondents thought that the way to make things better, faster, is to get back on the gold standard. That does not seem like particularly serious thinking to me -- control over the money supply is a critical tool to be used in incentivizing economic activity. A gold standard limits the amount of money. But there you go, that's what the poll said.

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