[kangaroozach]

Still different because it wouldn’t be fiat. There is no ability to print more gold.

[johngladtj]

They control the redemption process, hence can devalue it any time they want

[ur-whale]

> They control the redemption process,

Not if the redemption process is inscribed in the constitution, in which case, "controlling" it is subject to quite a number of hurdles.

[Blammar]

Bingo!

[KRAKRISMOTT]

The Bretton Woods are calling and want their policies back.