Re. Re: Gold standard -(Was Nixonian currency)

[Carvill, John]

<< In many ways, money is a collective delusion.  What was gold really
"worth" anyway.  You can't eat it.  It's too soft to built with unless
it's diluted.  It's just pretty and rare, good for ostentatious
decoration, and it's only "ostentatious" because it's "worth" so much.
>>

Indeed. As with many aspects of the old Democracy/Capitalism/Religion
axis, collective delusion is all. What was it Walter Huston said in
'Treasure of the Sierra Madre'? The 'value' of gold derives from "the
effort that's gone into the getting' of it". Something like that.

Interesting stuff on the Gold Standard and Bretton Woods. All fits in
with Britain's ceeding of Empire to America after WWII. 

Wasn't there a lot of stuff about the Silver Act in Against the Day?