i was overstating it a bit (the state again

), but some seem to understand

If it's a true gold standard then the backed amount shouldn't vary.
fine, then you essentially want a true 1:1 gold backed currency. how do you know if a bank issuing notes actually has all the gold as a reserve? how will you ensure that people will actually care? we've had all that before. history repeating. another problem is that today's gold supply is largely controlled by the elites already.