Phil
The War: STATUS QUO vs. Debt, Confidence in Money, Inflation, Deflation. And gold's status depends on the outcome. A fine balance for now, but STATUS QUO must keep defending, as the others are attacking!
Good observation yet a little incomplete (imho). I think there is an underlying war more central to the basic needs of each and everyone of us.
Let us assume that we have a bona-fide government on the planet. Let us assume that the fiduciary duty of this bona-fide government is to make it possible (with assistance, guidance, or protection of rights) for the individual countries to flourish and prosper in a direction that is the choice of the individual country (ie. ethnic goals- material or spiritual). Let us assume that the individual countries are bona-fide governments that make it possible (with assistance, guidance, or protection of rights) for individuals and groups of individuals to flourish and prosper in a direction of the individuals or groups choice.
Let us assume that the role of the governments would be one of co-ordinating these basic drives to benefit the majority of the participants. (whether the plane is: individual, group, city, country or member of the whole race, or member of the planet). Justice may be required from time to time when the rights of others are trampled on in the pursuit of one own goals that may be in conflict with the betterment of the majority of the participants.
Let us also assume that the government(at any level) is only as big as required to fulfill their fiduciary duties, and that government is accountable to the participants who put them in place, and that the competence can be measured by fulfillment of agreed upon goals, that the best interests of the participants have been satisfied. (You cannot please all the people all the time, but you can find solutions to serve most of the people)
Let us also assume that the institutions developed by the particular level of government are created to fulfil the best interests of the participants they are designed to serve. A validity test would simply be "does it work". If the institution does fulfil its fiduciary duty of serving the best interests of the participants then let it be, if it does not work, cease its operation and try a more appropriate form.
This is a gold thread and not Keith's idealism forum so I will get to the point.
The Status Quo...the machinery that is place...grinding out the products of its design...lead to the betterment of all or most?
No!!!!!!!!
Thus the war you so aptly stated (copied above).
When making future based considerations for investment plans, I think it is important to not only consider the financial arena and the results one may deduce from the Status Quo, but also do not be blindsided by the effects of change on the Status Quo that each and every one of us worldwide will endeavour.
Keith |