George Gilder Demolishes a Critical Myth About the Gold Standard

The new work is subtitled "A New Information Theory of Money."[1] But how new is it? I have not read the full work yet, but it seems quite similar to the Austrian school's long held and well developed explanation of prices as information. [2]

[1] https://docs.google.com/viewer?url=https%3A%2F%2Famericanpri...

[2] http://austrianeconomics.wikia.com/wiki/Price

Yet, it's easier to predict the future value of any contract in fiat currency governed by central bank than it's to predict it's value in gold standard.