Wealth distribution

[Fisherking]

All "money" is ultimately fiat money.

You are basically correct.

Indeed.

Gold is only marginably more valuable than the cotton in our current bills. Arguing a return to the gold standard is missing the point completely. Especially if you then believe that the value of money will be based on something other than what it is currently based on.

Money has always been and will always remain based on the production value of work. That's the basis of it, gold and cotton is simply the way we represent that value, and we do so because it's a lot easier to carry around a few bills than it is to carry around 2-3 cows.

You are totally incorrect.

This is how money used to act.

If you pay attention this may teach you something: https://www.youtube.com/watch?v=l_IgcmsqnVM


Reforms would also make wealth redistribution possible.