If the Fed can print "unlimited" (fiat) money without backing and hype the economy, and the gold standard does the opposite, controls inflation, but severely limits spending- many services are denied-then which is the better way to go? Fiat or metallic?

Question

If the Fed can print "unlimited" (fiat) money  without backing and hype the economy,  and the gold standard does the opposite, controls inflation, but severely limits spending-  many services are denied-then which is the better way to go? Fiat or metallic?

amistre64 · Answer

well, since the gold standard went bust many years ago, id say theres only the greater of 2 evils left :)

anonymous · Answer

well, currently, valuations for USD are still undervalued, but the systemic fear in the market won't allow it to appreciate any further. In the long term, i would suggest growing more palm oils and cottons, rather than metallic or fiat.