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<p>[QUOTE=&quot;InfleXion, post: 1467470, member: 29012&quot;]I can and will say it with a straight face. Monetary standards based on metals have self regulating policy due to the supply limitations not in place when money can be fabricated from nothing. It would have prevented the debt bubble we have. It would have prevented massive spending on wars, nation building, and infringement upon national sovereignty of many nations by the military industrial complex. It would have prevented insolvent institutions from snuffing out free market competition by granting government handouts. It would have enforced fiscal responsibility by only allowing us to live beyond our means to the extent that we have creditworthiness and are attractive to other nations for loans. If the central banks owned all of it there wouldn&#039;t be any for the rest of us, and the price would skyrocket to meet demand.[/QUOTE]</p><p><br /></p>

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