# The Gold Standard Won't Be Coming Back

**URL:** <https://www.libertarianism.org/podcasts/free-thoughts/the-gold-standard-wont-be-coming-back>

**By** George Selgin, Trevor Burrus, Aaron Ross Powell

**Published:** December 23, 2016

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George Selgin joins us for a discussion about the gold standard. Is there any chance of the country returning to the gold standard?

George Selgin joins us for a discussion about the gold standard. How did America get off the gold standard, and is there any chance of the country returning to it? Would it be a good idea to revive the standard?  
  
Why gold in particular and not any other commodity? Is gold less valuable as money than in other applications, like electronics manufacturing?  
  
**Show Notes and Further Reading**  
  
Trevor asks whether people in Venezuela have started switching to Bitcoin, since Venezuela's own currency is falling apart. According to [this article from Jim Epstein in next month's issue of _Reason,_ that's exactly what they're doing](http://reason.com/archives/2016/11/28/the-secret-dangerous-world-of) .