Nick T's Comments Nick T's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/175180/comments The Gold Standard: Can't Live With It, Can't Live Without It http://seekingalpha.com/article/71528-the-gold-standard-can-t-live-with-it-can-t-live-without-it?source=feed#comment-147256 147256 The FED must be eliminated. We must find a way to return to the gold standard, or suffer the spiraling effects of an inflationary recession, one that started years ago.
Maybe it is impractical, or at least it appears to be, but the downside to living with a fiat monetary system is that the wealthy will at some point own everything, and the majority will live at the whim of greedy and selfish people.
One way or the other the next few years are not going to be pleasant.]]>
Tue, 08 Apr 2008 18:26:17 -0400 The FED must be eliminated. We must find a way to return to the gold standard, or suffer the spiraling effects of an inflationary recession, one that started years ago.
Maybe it is impractical, or at least it appears to be, but the downside to living with a fiat monetary system is that the wealthy will at some point own everything, and the majority will live at the whim of greedy and selfish people.
One way or the other the next few years are not going to be pleasant.]]>