Quote:
Originally Posted by troopgear
 move on, we already had this talk.... it over... |
I read this thread with interest and just had to jump in.
I don't agree with the goldbugs. A Gold standard would decrease liquidity in the system and as innovation would be effectively be choked, this could result in a regional dark age.
Getiing our innovations and inspirations commercialized to underpin livelihood will result in a new cash circulation paradigm and it would lift the boats.
Consider this, the Royal Bank of Canada, a reasonably good operator by international standards, has officers now sitting on local economic development boards and supports the localized ec dev. process.
Developing structures for empowerment of the public is where the real game is.
By the way, the real issue facing the United States is not the deconstruction of the financial system, some of which has to happen, but the potential loss of its fedralism in its current form....