Thus said Von Fugal on Thu, 04 Dec 2008 10:25:00 MST: > I don't want to drag this out, (and I do think we should return to a > gold standard) but I was merely stating facts and not really making a > case for the gold standard.
I think we should return the business of making money back to the free market, which is, after all, where free people conduct business. Why shouldn't the participants choose their own medium of exchange? If it turns out to be gold/silver, then so be it, but the point is to make it free again. In Constitutional terms, Congress was tasked with fixing the measures and weights (i.e. defining a dollar as a specific weight of silver). 1 dollar = 371.25 grains of silver. Much like 1ft = 12in. That was all that it needed to do, and all it should ever have to do. Even then, it's debatable whether or not it is desirable for government to have anything to do with money, except ``protecting'' against the theft of it. Andy -- [-----------[system uptime]--------------------------------------------] 9:28pm up 3:28, 2 users, load average: 1.15, 1.13, 1.16 /* PLUG: http://plug.org, #utah on irc.freenode.net Unsubscribe: http://plug.org/mailman/options/plug Don't fear the penguin. */
