A question on austrian economics.

Discussion in 'Economics' started by Debaser82, Dec 9, 2008.

  1. Debaser82

    Debaser82

    Say we had a rock solid gold backed currency...

    Would there still be cashmashines on every corner of the street?

    Thanks.
     
    #1     Dec 9, 2008
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  2. harkm

    harkm

    Why would that have to change? The only difference is the paper currency is exchangable into gold.
     
    #2     Dec 9, 2008
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  3. FCCT

    FCCT

    What a radical Mises was with his sound money principles.
     
    #3     Dec 9, 2008
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