The Gold Standard: For or Against?

[skullnboner]

This is not a discussion of absolutes. Gold clearly isn't perfect, but it seems to be better than the FIAT money we have right now.

You really have no idea what you are talking about--just mouthing terminology someone else gave you. Read the article and other helpful material I have provided on this stream. The idea of precious commodities as a standard of monies is just another evil error compelled upon the minds of unthinking people to keep the scam going. It does not and would not ever work. Those in the bankster realm and those more educated know it for what it is.

[skullnboner]

The Austrian ‘Free Market for Currencies’ Hoax:

http://realcurrencies.wordpress.com/...rrencies-hoax/

[skullnboner]

“Money gets its value, not from gold, but from the products which that money buys.

“Simply put, money should be a sort of accountancy, credits passing from one account to another according to purchases and sales. The sum total of money will depend upon the sum total of production".

[Quorra]

[Hess]

I can post long, monotonous sources too.

In fact, I can post whole books that debunk the charges in your sources

look-
http://mises.org/books/goldandgoldstandard.pdf
http://mises.org/books/caseforgold.pdf
http://mises.org/rothbard/100percent.pdf

It does not and would not ever work.

yes, how foolish of me not see the brilliance of fiat money. it's much better to stick to the current system where Bureaucrats can print an unlimited amount of money to finance their ill-conceived Keynesian misadventures while destroying our savings and drowning us in debt.

[Hess]

Anonymous polls are gay.

I don't think this is a very controversial issue, to be honest.

[PeacefulCaribbeanDutch]

you can use anything that is valuable and have it be a standard maybe silver or how about nuclear bars haha, Oil standard too

[skullnboner]

I can post long, monotonous sources too.

In fact, I can post whole books that debunk the charges in your sources

look-
http://mises.org/books/goldandgoldstandard.pdf
http://mises.org/books/caseforgold.pdf
http://mises.org/rothbard/100percent.pdf




yes, how foolish of me not see the brilliance of fiat money. it's much better to stick to the current system where Bureaucrats can print an unlimited amount of money to finance their ill-conceived Keynesian misadventures while destroying our savings and drowning us in debt.

Looks like you are really into Jewnomics.

[skullnboner]

you can use anything that is valuable and have it be a standard maybe silver or how about nuclear bars haha, Oil standard too

“Money gets its value, not from gold, but from the products which that money buys.

“Simply put, money should be a sort of accountancy, credits passing from one account to another according to purchases and sales. The sum total of money will depend upon the sum total of production".

[Xenomorph]

No, the economy should be based on something of real value, not pretty yellow metal that really can't be used for anything practical.

Here's a good blog by someone that sums up my thoughts on the gold standard:
http://www.republicanoperative.com/b...d-standard.htm