Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (103099)	10/7/2013 3:19:29 AM
From: average joe	1 Recommendation Recommended By tmsmg1 Respond to of 218185

Returning to a gold standard, a monetary system in which currencies are converted into fixed amounts of metal, wouldn’t be feasible because there’s not enough available and it would prevent governments loosening monetary policy, Bernanke said at George Washington University in March 2012. "A loose monetary policy occurs when the money supply is expanded and is easily accessible to citizens to encourage economic growth." That is the best argument in favour of returning to a gold standard. Too easy access to currency is what has caused all of the world's current financial problems. Gold is a lot harder to mine than printing monopoly money.