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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (45624)	1/23/2009 8:20:09 PM
From: maceng2	Respond to of 219619

The financial world used a flawed gold standard Yes, they put the gold standard where the UK pound was valued at pre WW1 levels, which was unrealistic. Churchill followed tradition by resuming conversion payments at the pre-war gold price. I propose that an "inverse Roosevelt" new deal is enacted where everybody conducts business with little round discs made of platinum, gold, silver, and maybe copper. All the nonsense about weight and purity fixed in a second with todays modern technology that can weigh micrograms and can use non destructive analysis. Fiat money is declared illegal and removed from the system. Businesses will be able to efficiently conduct business with whole lots less of office workers and we have a world currency automatically based on pm's. When they get confident the system works, the internet could be used to transact electronic gold and pm's. With todays communication networks, it should be just fine. Just getting the system working will employ enough people to dig us out of recession. Problem fixed.