[Therooster of Christ]

The operating system is fine. I understand the function and the reasoning behind the article’s opinion. It’s how the user responds to its capability that is the challenge. We can each add to economic liquidity without adding to existing debt by monetizing and circulating precious metals at the grass roots level. It’s a market function, not a top-down responsibility. Now that gold and silver trade in real-time, the liquidity of those PM based currencies has been greatly enhanced. Bullion based payment processors make the process for each even easier.

Chew on this one all you wannabees. The USD’s ultimate purpose is/was not created for the sake of fulfilling a currency role. That’s but a stop-gap measure on route to fulfilling its ultimate role as a real-time measure for gold weighted payment in a world that prices things , as a matter of habit, in fiat currencies.

Real-time capability has been essential to this real-time gold-as-money paradigm. This was not possible with a FIXED peg on the price of gold, which is why the FIXED peg had to be severed. It’s all about gold and monetary commodities.

You cannot pour new wine into old wineskins

[Author]

Posts