someone has taken the mass of information out there on ecnonmies, money and gold and the "international bankers", and put together a solution, a simple solution to our monetary system or corruption... If you haven't wanted to read all that information, let alone come up with a concise conclusion and answer the
fix things...here is one, done for you!
Check it out!
after reading this...I'm moving to North Dakota...read and find out why!!!
So how do we get our Nation back on the gold standard, given the mess we now have of our government living on credit and paper money?
...this is a serious link, I mean it has serious answers... 6 steps to fix it all, and it begins with getting the new congress in this November, so that they will vote on congress returning to doing it's Constitutional duty of dealing with money
it's not too hard to do - Just *gasp* follow the constitution.
1- have congress declare that, on January 1st, 2015 (or something), the market price for an ounce of gold (i.e. $2000) will forever be exchangeable at any bank in the united states (maybe just make it certain bigger banks) for an ounce of gold.
2- because this would likely lead to an artificially high price of gold (speculators would buy gold like crazy to profit off of the future selling to banks), announce that there will be another re-pricing every 3 months (or so) for the next 5 years.
3- and then just deal with the prices. Congress DOES have the power to readjust the price of dollars-to-gold ratio.
It really wouldn't be TOO hard (i'm sure there are a few flaws that I'm missing), but the entire European Continent just switched currencies... I'm sure we could handle switching to a real currency!
If you're serious about returning to gold, check out mises.org, and check out the videos!
here's a good one:
http://video.google.com/videoplay?docid … 567002553#
i wrote a few hubs about this - check em out "evan's easy economics"
It is a shame that most of it is distorted truth, most of it applies to pretty much any metal or substance.
There is nothing more special about gold than many other metals.
The gold standard is not a workeable solution to modern economics, it is a right wing desire to 'have' huge wealth 'in the hand', piles of treasure that they can 'see'. It was abandoned as a standard when the UK and then the US ran out of money the first time around - as these countries are deeply in debt your gold reserve would be a minus quantity and shipping the couple of trillion dollars you owe China would be a risky business when they call in the loan next time you look like going broke - and what would China do with all that pile of metal when they are busy making the new world economy.
doing the reading is helpful to understanding...and if you can't accept this concise conclusion, I guess you will have to do all the extensive reading of materials yourself and coming up with your own answers. It seems obvious, and simple, to me from the 6 steps outlined on this website
Gold isn't the answer...silver is.
As in greenbacks backed by silver.
As in printing our own money.
Gold is promoted by Beckles the Evil Clown...that's how I KNOW it's a scam!
Scam is his middle name.
Actually, the TRUE answer isn't gold.
The true answer is "whatever the market happens to accept as money."
It could be copper, palladium, platinum, cement... whatever. IT's just that it's almost always -- as proven by over 5 millennia of history -- gold that wins out.
Anyone who's serious about looking into gold should check out mises.org. Check out the videos!
here's a good one
http://video.google.com/videoplay?docid … 567002553#
by Gary Anderson 9 years ago
Our meltdown can also be understood. This is must see. All hubbers need to take the time to watch this video:http://video.google.com/videoplay?docid … 0256183936
by Evan G Rogers 8 years ago
Main stream economists are finally discussing what every Austrian economist has already known (and has already been advocating) since... before they were called "Austrian Economists". That we need the gold standard.http://www.nytimes.com/2010/11/14/opini … .html?_r=1So put that in...
by rhamson 5 years ago
What if we reinstated the gold standard to evaluate the dollar in its' current distribution. Since the debt standard has been blown apart in recent years could a real precious metal you can touch make a comeback?
by rhamson 7 years ago
In 1941, most countries adopted the Bretton-Woods system, which set the exchange value for all currencies in terms of gold. It obligated member countries to convert foreign official holdings of their currencies into gold at these par values. However, many countries simply pegged the value of their...
by Ralph Deeds 9 years ago
Paul Krugman's column in the NYTimes today 1-5-08 is entitled "Fighting Off Depression." In it he called the recent economic numbers "terrifying," not just in the U.S. but around the world. Manufacturing in particular is plunging everywhere; banks aren't lending; businesses and...
by downhillXnow 7 years ago
I am a glass half full kinda guy ya know? But if you can't see that big black cloud around that little bitty silver spot, you need glasses. Saw a post said Republicans aren't upholding the Constitution. How much have you held it up lately. We dont even know what we are...
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