Gold-defined money is credible money much demanded in the marketplace, which means that the countries that choose to peg their money to gold will have an easy timefinancing government through deficits.
CenterCal Properties has had an easier time getting financing due in part to its institutional backing and because it has always sought to prelease properties even without banker prodding.
And small businesses have been harder hit by this recession than just about anybody else because they had a harder time getting financing and because obviously customer demand was down.