Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 608261, member: 3011&quot;]Gold works fine as long as gold is money. Prior to World War I, the world economy actually had a larger percentage of international trade than it did in 1990, all conducted with gold and tracked in London.&nbsp;&nbsp; When you move to a system of paper backed by gold combined with fractional reserve banking, things start to unravel.&nbsp; A gold system would probably work better today because of computer technology which allows gold currency to be used through debit card technology without actually moving the gold out of vaults.&nbsp; </p><p><br /></p><p>People today don&#039;t actually understand how the gold system used to work.&nbsp; It is almost forbidden knowledge [you aren&#039;t supposed to know and won&#039;t be taught in school].&nbsp; Antel Fekete&#039;s writings are about the best source for anyone who is interested in how gold can be used as money in a complex modern economy.&nbsp; It seems that there isn&#039;t enough gold to support the amount of commerce taking place, but Dr. Fekete explains why this assertion is incorrect.[/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