Quote:
Originally Posted by Cloudsweeper99  It seems less so every day. Practically every problem in the economy today stems from the fact that we do not have a permanent money supply. Instead, nothing gets done without credit and we are learning that there are limits to the amount of credit the economy can support, and the problems created when credit is withdrawn. There are sound alternatives to the gold standard, but a fiat debt-based currency doesn't happen to be one of them.
So there is no progress to report. |
Right - if we were on a gold standard not only would have we suffered from whiplash over the last year but in addition we would have been able to bail out the banks and we'd be head long into a depression. Really it boggles my mind how your so stuck on this, being the bright individual you are.
Ruben
