Comments by "SmallSpoonBrigade" (@SmallSpoonBrigade) on "Trump signs $2.2 trillion coronavirus aid bill into law" video.

You do realize that a fiat currency is the only kind that would have scaled as the US economy grew over the years since, right? You can't dig up gold indefinitely just because the economy grew. What's more, gold is nearly completely worthless in cases where the economy collapses. Things like medical supplies and ammo are far more likely to be in demand than gold. At best, gold is a marker of status and a way of temporarily storing value. It's certainly not a practical means of trade in the modern era where we have other options.
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Could we please stop saying that this is a $2.2bn package? It's closer to $7tn when you consider the leverage effect that the federal reserve is going to apply to those corporate payouts.
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@guptadagger896 Not to mention, that when gold has been used in that sense, it requires the government to set a price for it and restrict access to it at which point, it's barely better than a fiat currency in that regard.
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