Comment: Gold Standard?

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Gold Standard?

I don't understand this obsession with the gold standard. Why can't we just print our own debt-free sovereign currency according to the wealth of our country, instead of the current debt system we have now?

And anyway the same people around the world who have control of our paper money supply are the same people controlling most of the world's gold. They could just as easily inflate and deflate the amount in circulation. And as far as gold being a good investment, who says they won't crash the current gold price and then buy it back up?