Originally posted by Autokrat
She didn't mention any of that. It was Economics 101, so it was a very hectic coverage (10 weeks to go over everything from basic Supply and Demand to the difference between the four types of firms.)Although she did seem adamant that backing our money with gold wasn't possible.
Next time you see her, ask her if she knows the difference between pre WWI gold standard and post WWII gold standard. And if she does, then ask her about the Gold Cover Clause Ratio, because that's how you get it to work.