To: P-Marlowe
“The fact is that there is not enough gold in the world to pay off the US National Debt, much less to back future currency. “
Yes, the gold standard is a truly stupid idea that shouldn’t be an issue for informed conservatives. There are better solutions to our currency problems.
12 posted on
01/24/2012 10:04:40 PM PST by
garjog
(If Not Newt, Who?)
To: garjog
Porter Stansberry wrote about the gold standard in a very straight forward way and explained how the Fed could never have printed all the money it has and how it would have kept men wanting to float a huge loan from getting it without serious collateral. Sorry I am not good at presenting it, but it made a lot of sense.
vaudine
33 posted on
01/24/2012 10:48:21 PM PST by
vaudine
To: garjog
The Gold system and ending the Fed are the only long range solutions to the currency problem.
47 posted on
01/25/2012 12:01:30 AM PST by
fortheDeclaration
(All that is necessary for the triumph of evil is that good men do nothing. Burke)
To: garjog
The Gold system and ending the Fed are the only long term solutions to the currency problem.
48 posted on
01/25/2012 12:01:52 AM PST by
fortheDeclaration
(All that is necessary for the triumph of evil is that good men do nothing. Burke)
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