>entire dwarven economy is based on mining gold from khazad-dum
>this doesn't cause hyperinflation and depreciation of real value
What the fuck, Tolkien!?
Why the pic of GRRM?
wasn't it mithril, not gold
Was Erebor on the Gold Standard?
Did other parts of Middle Earth have independent currencies? Or did they use a common currency?
this is what the world is like without tax policies