I agree that a gold standard is too primitive.
But floating currencies tend to float high. The dollar is worth less every day. We're lucky inflation is as low as it is, and that tech progress tends to outrace it.
Off Topic » in reply to The Gold standard is a farce.
But floating currencies tend to float high. The dollar is worth less every day. We're lucky inflation is as low as it is, and that tech progress tends to outrace it.