mabye. but i think hem makes teh mistake of confusing holding gold with holding coinage -- they aren't the same so long as the government issues the coinage. also he provides no evidence that lack of gold was restricting grwoth before nor that having fiat made the growth of the last 50 possible nor anything else i will stick with my guess that we have a carton of sour milk here and now he feels he needs to justifiy his mistake you have some evidence he owns a lot or owned a lot? does he have no idea that issuance of paper without restriction has enables most of the mess we have today? he seems clueless and if he has clues he is not providign them in this piece for sure.
"Our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world and against the spiritual forces of evil" -Ephesians (Paul)