Gold has been used as the currency of choice throughout history, it going back as early as Egyptian. Gold has been stand the test of time as store value very well. On that note, I'm sure I'm not the only one to think about this stuff; What if we're all going back use gold standard instead this crazy fiat, that government can print out of thin air?
These fiat money, government can just create it out thin air and they concentrate on inflation. For those developed country their money is not too bad but look around the world like Zimbabwe or Venezuela, it is cheaper to burn money to cook instead buy wood.
I'm on not an expertise on economic, so my question is Do you think we should going back Gold standard? what is the draw back if everyone is use the Gold standard?