The Gold Standard Will Return.

Money is a medium of exchange. It needs to be a store of value or it cannot function. If you can print it(or in actuality borrow it and have the Fed print it,) you are diluting the value of the currency.

This is inflationary and warps the ability of everyone to determine what makes sense to do with their capital. They end up chasing the latest bubble that has emerged where the new money has gone first.

It is not a matter of politics. This is just the way human nature works. 

Having the dollar tied to gold will calm the speculation down and allow long term decision making to be based on true supply and demand, not false signals.  The jobs created from these business decisions will be real and sustainable. This is the way to a true recovery.

More here: http://www.freemarketfan.com/2011/06/big-time-trouble-dead-ahead-thanks-to.html

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