[2banana]

Want to end booms and busts?

Go on a gold standard
Force government to live within the means (taxes) they take in (no debt)
Jail CEOs and bankers for fraud and not following GAAP

Getting rid of cash with touching the insanity of government debt and bankers having no fear of jail will solve NOTHING

[Regulator]

You are correct. But you haven’t gone quite far enough.

The only way to monetize a paper currency system dependent on the issuance of credit is to have a stable source of value behind it.

That is why the Federal Income Tax was created. It monetizes the debt, and allows for the issuance of credit which creates new money. Translation: they mortgaged your life so they could write more loans.

Repeal the 16th Amendment, close the Reserve Bank and as you said, go back to a standard...Gold is one option.

[Dr. Sivana]

Go on a gold standard Force government to live within the means (taxes) they take in (no debt)

Cycles and Panics can still happen even in that scenario.

There is no utopia.

Save your money (gold) during the booms, use if necessary during the busts, whcih sets up the next boom.

[Oatka]

Go on a gold standard. Force government to live within the means (taxes) they take in (no debt)

Back when paper money was just a warehouse receipt. As the bottom line says "$20 in gold coin payable to the bearer on demand". Fatal words to a spendthrift government.