Richard, again you have spoken exactly my thoughts, but I do wonder if
what I heard you say is the same as what you know to be what you posted.
<<Ron may be right, he may be wrong, History has shown gold works,
but not well. But then, is the current system "perfect"?>>
My message has always been for a gold standard to regulate the misuse,
intended or not, of paper money. I would welcome any other method to
accomplish this task, even one suggested by Ron Reece in letting
those in government and those institutes that deal in the exchange
and trade of currencies to put into place a way so that a method will
accomplish in a good way, the function which money serves.
At the same time I agree with Ron that a gold standard is far and away
a poorer method than one devised thru correct economic reasoning
to produce a model under which the function of money is regulated
and controlled, but a thousand times a but...
But where I and Ron differ is that history has showned me that when it
comes to money and power there will always be persons that will attempt
to crush anything in their way to obtain them. They are small in
number but large in capability to influence events so that what they
wish to happen will. They themselves cannot deliver the end result without
help from the general population, and the only way to suck in those who
wish no wrong is to present to them a view that if you do not join in
that you will lose. Something like survival in where honest people see
that those who have enough food to eat have obtained it thru the activity
of those that take unfair advantage of others. Would be hard for a
father to reject a means of income, or a mother to skip a food source
when to do so lessens their ability to provide for their children.
Once everyone does it, it becomes accepted as the way things
are done and people let it continue, and those at the top of the structure
that now control what money is now have a free ticket to do whatever
they wish with no safe guards or monitoring.
I'll put this onto your new thread, but to me until the dodo hits the
fan thru a world economic collapse the general population will let
the present system continue, and if so, gold will become a commodity.
Doug |
