posted on Aug, 24 2012 @ 01:08 PM
reply to post by spliff4020
No, but it did involve Steel as monetary value.
And the value of Oil.
And the value of of ideas.
See the value of real things did have to be taken into account, when sending people and objects into space. It was traded for in a Fiat system, but
the value of the materials didn't magically go away because we used paper money. A Gold standard is a valued material, that you trade the value of
materials for. (Edit: the benefit of a valued material is when you don't have a material in mind, you still have a material in hand.)
Besides, much of the industrial revolution, which made the space flight possible in the first place, was done on the Gold Standard.
24-8-2012 by CynicalDrivel because: (no reason given)