What Is Money, After All?

I have a theory that during that phase from the 19th to 20th century when the entire world divorced currencies from any underlying commodity was the time that the world reached optimum population growth. The reason that currencies simply had to leave the gold standard and similar standards was that there was a greater demand for money than there was the underlying commodity. Also it was cumbrous to link the two, but that is another matter. It was at that time too that over-population and the raping of the world’s resources really took off. So you have too many people chasing too many dollars that have no intrinsic value except stupidity and hope, a poisonous financial combination.

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