We've spent several episodes already talking about the important and pivotal role that gold has played in our history in serving as money. We use the term "gold standard" to describe something that is the best or the highest quality in a given thing's category. So, if gold is so good, why did we leave the Gold Standard and transition to a Fiat Standard? As far as I'm aware, there are no countries on earth that still uses the Gold Standard. So what gives? Why doesn't gold work?