Jason Rines (iThinkBig)

Returning to a Gold Standard Is a Bad Idea

1) Congress has outsourced our money supply since 1913 to those with personal vested interests, NOT our national interests. This allows for massive wasteful spending and laziness of huge magnitudes. Andrew Jackson and Abe Lincoln had it right, go greenbacks stay in control of the money supply. Allow credit at 5-1 leverage ratios.

2) A citizenship outsources it's governance in this era. Ultimately, it is the citizenship itself that becomes educated through financial pain which is a powerful catalyst. Our Republic form of government works, the citizenship will oust the corrupt and lazy, this is called voter revolution and occurs historically four years after the start of a deflation/depression.

3) America as a model outsources almost everything. The middlemen get cut during depressions and producers are once again rewarded in full for there efforts. America will become a producer once again at a certain point in time, I guess this transition period to be 2013 where it will be the best time to invest and the start of a true bull market.

4) I agree with your analysis Mr. Hui.