"The few who understand the system, will either be so interested in its profits, or so dependent on it's favors, that there will be no opposition from either class." - Rothschild Brothers of London, 1863
if you allow gold as a traded second competing currency there would be some who make money from gold sure.... the smart ones who buy it!
Bankers cannot print more gold period. Just look up Yugoslavia mid 90s
A monetary system is only ever as good as the people who oversee and administer it.
Obviously, the temptation to game the system is enormous.
Gold has one very distinct advantage over paper money. You can't print gold
Gold would be a good money if the people owned and controlled most of it. They DON'T which is why I don't believe a gold standard is really any better than fiat in the current socio-economic environment
Best solution of all is to allow competing currencies. Let the people decide what they wish to use as money.
It is sad that we even need an actual Competing Currencies Act spelled out to our lame public servants - only to repeal Legal Tender laws and remove all those nasty, presumptuous, economically destabilizing legislative prohibitions and other constraints against competing currencies.
The 'all in it together' mindset in this country, even with regard to the so-called "money supply", as reckoned by aggregate-thinking manipulators and social engineers, needs a giant ball-peen to the forehead.
Bankers have to eat and wear clothing and live in a house and drive a car etc. If gold is money, all of those things must be paid for in gold. And voila! The bankers' gold is in circulation.