Monday, January 12, 2009

a time travelers case for the 100% gold standard

Because fiat money makes it too difficult to time travel.

This point was well illustrated in Back to the Future II, in the scene where, or should I say when, Marty and Doc are in the 50's, and Doc opens up an attache case containing various denominations spanning different time periods, so as to prevent an intertemporal incident in which the errant time traveler attempts to pay a present debt with future fiat money.

In contrast, Alex, the protagonist of Robert Heinlien's Job: A Comedy of Justice is wont to carry his lifes' savings on his person at all times in the form of gold coins. The reason for this odd behavior is in response to an especially cruel Supreme Being, who like a cat toying with a mouse, is continuously whisking Alex from one parallel universe to the next as soon as Alex is getting in the swing of things. (Apparently this malicious God is capable of remapping objects in the multiverse, but won't strip Alex of his vestments in the process.)

If there ever was a cause that fellow time-travelers and world-walkers could unite behind, this is it.

1 comment:

Anonymous said...

What stupid reasoning! I don't believe gold had a historical monopoly of exchange - I'd probably take my chances with silver. Many cultures of times past would probably see you waving about a shiny yellow metal blob and probably wouldn't want to exchange it for anything. All-in-all you be stuck with a similar case of gold, silver, shells, beads, bark, etc. . . .

Gil.