Message:

<p>[QUOTE=&quot;Bluesboy65, post: 1179588, member: 23329&quot;]One of the chief benefits of reserve currency status is the ability to export inflation.&nbsp; Another would be the ability of the US to exert some level of control over a world economic system that is so tightly tied to the dollar.&nbsp; I&#039;m in the America first crowd and do not think the US is evil nor are we alone in manipulating our currency.&nbsp; The point is we have an advantage that others do not have and that fiat systems are conceptually feasible but usually fail because they are corrupted by man.&nbsp; </p><p><br /></p><p>If we were to move to a gold standard we would lose these advantages and would either have to become more competitive or accept a net decline in standard of living.&nbsp; The system would be more &quot;fair&quot; and perhaps less corruptible, but it&#039;s no utopia.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in