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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: TheStockFairy who wrote (27640)	4/19/2000 12:03:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

TSF, i wouldn't advocate a return to a pure gold standard...but some way to restrain the current fiat system will have to be found. perhaps a commodity basket as partial currency backing, or some other solution. one thing is certain: the current system has brought about this bubble, the current account deficit and the explosion in leverage and derivatives, all of which are extremely dangerous developments. of course governments like nothing better than to be able to print as much money as they like...