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The Problem With Money Isn't Money

The Problem With Money Isn't Money

The Problem With Money is that it's complicated.

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Charles Hugh Smith
Feb 18, 2025
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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
The Problem With Money Isn't Money
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To many minds, the solution to our core economic problems is to return to sound money via either the gold standard, in which gold backs all currency, or by substituting bitcoin for gold, i.e. bitcoin becomes the coin of the realm.

I have often held that if we don't change the way money is created and distributed, we've changed nothing.

But money is compli…

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