Bring back either a gold standard, or a silver standard.
Do you want deflationary depressions every 20 years? Because that's how you get deflationary depressions every 20 years.
Learn from history. Go look at what the US economy was like when it was on a gold standard.
Also 2 misconceptions about the gold standards. Every time there was a crisis, Congress devalued the currency while on the gold standard. And if you think it will limit Congressional spending or borrowing, you are wrong. Congress would have no problem promising that your kids will repay their debts in gold.
Gold and Silver Standards, Yes.
Federal Reserve Act of 1913
16th Amendment
The two above are joined at the hip.
The 16th Amendment scam was sold as a 7% tax on the 1% wealthy.
All else taxed at 1% only, on profits only.
Federal Reserve Act allowed persons who ran big bank enterprises to operate as a concessionaire to print Dollars. US Mint still coined dollars, gold and silver.
1971, Gold Standard bye-bye.
After more than 10 decades of banker bulls**t and 5 decades of unrestrained dollar printing, the original 1913 sales pitch, its arrangement and purposes are unrecognizable. The corruption is everywhere.
Americans are not gullible or stupid. They’re just busy doing other things while their so-called elected representatives are writing seemingly well-intentioned BS bills to make themselves rich from money printing.
Now however, political scheisters have shown their hand. The elections are rigged to maintain a permanent ruling class and aristocracy, bought and paid for by money printing and clever diversions.
Americans are now paying attention and are pissed that their time is required to prepare for major ass-kicking.
That’s the history all are facing . It’s not pretty. And it’s only in the beginning stage.
Can not have gold backed currency. It will limit expansion of economy. Because gold quantity is limited. Paper and ink are more easily available.
Those have their issues as well.
How hard would it be to go with a gold/platinum/silver/nickle/copper standard at current market prices? Set it up, and don’t vary one thin dime from it. You can’t have a run on the gold, if the money is pegged on supply. Hell, peg it 100 Liberty$$ per bbl of oil or some such.