RCCraig

Peter Schiff on Gold, the Dollar and Asian Markets

NO, NO, NO, again -NO! The Gold Standard is a red herring. The US can issue SCRIP according to the Constitution. This is the equivalent of the Greenback issued by Lincoln in the 1860's to fund the war, (since the Bank of England was financing the South!). Americans should be able to secure Interest-Free Loans from its Government at cost, (i.e. a nominal fee). Silver would be a better backing for the Dollar. This was on JFK's mind when he started issuing Silver certificates and half dollars. Silver is more plentiful for spending purposes, but would help bring discipline to Washington's addiction to Fiat. The answer is the United States Constitution! The Founders knew good and well about the Bankster shyster Creatures from Jeckyl Island ! Google: 'The Money Masters' video, and Griffin's book: Creature from Jeckyl Island'.