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Message:: [QUOTE="mikem2000, post: 1935162, member: 30574"]No, you don't HAVE to explain yourself, but that is sort of the point of a forum.  Posting links is OK, but as many links as you can post saying one think, I can post just as many saying another.  Honest open discussion on the other hand encourages thinking.   So here is my point , you seem to have an issue with the FED printing money "Wiily Nilly", but printing money is needed as as the economy grows.  With out new money coming into the system, you would almost be guaranteeing  deflation, which would completely stiffle any growth.  Even with the Gold standard, new money came into the system.  The problem with Gold though, was there was no control at all about how much. However much folks could dig, that is how much new money came into the system, both from US and forieign "diggers"  That actaully sounds MORE "Willy Nilly" to me.  I mean what if too much was coming in.  There was no way to stop it. Now most "stacker" type folks seem to have a problem with fiat coming out of "thin air"  but don't seem to have an issue about Gold coming out of "Brown Dirt"  I don't get that, both Gold and Fiat are both essentially useless.  Gold is really nothing more than fiat once removed.  since its industrial uses are almost nil, it only has value because other people say it does, just like fiat!!!!![/QUOTE]