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To: Archie Meeties who wrote (51737)	12/27/2000 8:01:07 PM
From: KeepItSimple	Respond to of 436258

>Plenty of gold around to support a new gold standard - just need to >value it in the 100's of thousands. -g- We will NEVER go back on the gold standard. The privately controlled Federal Reserve would never allow it. The whole reason we went OFF the standard in the first place is because the big banking families quickly realized that if their assets were big heavy unmovable chunks of gold, they were basically vulnerable to the power of the US government- ie physical force. But if they went to a ledger based system where money could be "sent" from one continent to another instantly with the stroke of a pen, then they were effectively BEYOND THE CONTROL OF THE US GOVERNMENT. And if there was anything the big banking families wanted, it was control over their fates. To this day, this is how the federal reserve and the major banks are allowed to control the monetary system. It's because if we tried to nationalize Chase Manhattan, for example, all the funds in the US offices of Chase would instantly disappear and reappear in offices around the world. The ability to instantly transfer money is THE ULTIMATE SOURCE OF POWER on this planet. It is higher than any government. It is, in fact, a system of global governance all its own.