I am wondering where I can find a country that has its money supply backed by a tangeable product like gold or silver, chickens, whatever, something that has a defined unit of trade.
(The us dollar was once fixed and defined as a weight of silver or gold, defined in law, now it is free floating and has no fixed value, I wonder how any free trade can be conducted when the value of on of the bartered items is not constant, IE when you buy a gallon of gas you get a gallon and all parties know what is expected, same with chicken you pay by the pound, so if we regulate qty with a balanced weights and measures system, why do we leave the key componet free floating with no defined value?)
(The us dollar was once fixed and defined as a weight of silver or gold, defined in law, now it is free floating and has no fixed value, I wonder how any free trade can be conducted when the value of on of the bartered items is not constant, IE when you buy a gallon of gas you get a gallon and all parties know what is expected, same with chicken you pay by the pound, so if we regulate qty with a balanced weights and measures system, why do we leave the key componet free floating with no defined value?)