Socialist Gold?

The Private Money Guy (PMG) and the State Money Guy (SMG) are still going at it. For Dialogue #1, click here. PMG: You still believe in gold. SMG: Yes, I do. I own gold coins. PMG: Is that because you don’t trust the Federal Reserve System? SMG: Yes. PMG: Why don’t you trust the FED? SMG: Because the country isn’t on a government-enforced gold standard. PMG: So, if the country were on a government-enforced gold standard, you would trust the FED. SMG: Yes. PMG: Why did the country go off the government-enforced gold standard? SMG: Because of the Great Depression. … Continue reading Socialist Gold?