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matt

User Profile Image matt
Member since : May-31-2009 (Verified)
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matt 9 months ago
Rather than creating the same govt waste with a new federal reserve. We need to have the states issue legal gold and silver tender. That way just as now, states like california would have a weak dollar and Texas would be stronger. This would reward good behavior and punish the bad. Her suggestion for more fractional forgery is doomed to more boom and bust. Rather than lend 10-1 or 12-1, lets actually make a dollar worth having. It is far too important to be playing politics with our money. If this keeps up expect other more stable currency forms to take over. ie gold and silver coins.