I guess it is a moot point ... the argument of gold as a failed medium of exhange or used a the standard to back fiat ... whether it is gold that is corruptible or the nature of political leaders to blame their short comings and how they wish to govern on gold's ability to to do all things they do, be they sound or unsound.

Since markets also can not be free, we could resort to financial anarchy, because true competition can not exist let monoploies abound ... Armstrong is smarter than me and their is a fly in every ointment, but as a dump attracts vermin, as excrement attracts flies, so to does fiat currency attract leaders who's self interest are not in the public interest.

Be flawed as it may be ... when I see less flaws in something else, I will go to that.

Of course regardless of medium of exchange, it is those, who has that to exchange, most valued by others especially when their is few providers.

If sand could best nourish people, or plants or other valued life, desserts would be the best real estate .... until nature makes the dessert a river of life ... I'll stick to the mirage of gold.

orgy