That gold was used as money in the past is merely a historical fact. But the fact that gold was a form of private money, and thus not easily manipulated for government schemes, made it a target of countless intellectual and governmental assaults.
Original Article: “They Don’t Hate Gold Because It’s Gold. They Hate It Because It’s Not Government Money.“
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.