We know now that you can’t turn “base metals” into gold through chemical processes, but if you could, gold would no longer be scarce and therefore no more valuable than the base metals.
We know now that you can’t turn “base metals” into gold through chemical processes, but if you could, gold would no longer be scarce and therefore no more valuable than the base metals.
I could not be trusted with this power. I would rather tank the gold standard than be rich.
Why? The world will just move to a different standard, and although it would hurt rich people it also likely would cause a ton of problems for regular folk too