In his 1982 article, “Monetary Policy: Theory and Practice,” Nobel laureate Milton Friedman said that "if a domestic money consists of a commodity, a pure gold standard or cowrie bead standard, the principles of monetary policy are very simple. There aren’t any. The commodity money takes care of itself."
It takes care of itself. Consider that thought for a moment, then ask yourself why we've had politically-appointed bureaucrats running the money and banking system since 1913. The "official" reason was to maintain the stability of the dollar and avoid the kind of panics that plagued the 19th century economy. But the dollar has all but dried up in value, and the crises today are threatening to bring the whole planet to its knees.
Is it possible the commodity we had been using for money - gold - has been hijacked for special interests? Is it possible that gold has been given a bad rap, that banking itself has been the cause of financial crises throughout history?
The Jolly Roger Dollar addresses these questions in detail, providing numerous hyperlinks to web resources as references for further reading.
It takes care of itself. Consider that thought for a moment, then ask yourself why we've had politically-appointed bureaucrats running the money and banking system since 1913. The "official" reason was to maintain the stability of the dollar and avoid the kind of panics that plagued the 19th century economy. But the dollar has all but dried up in value, and the crises today are threatening to bring the whole planet to its knees.
Is it possible the commodity we had been using for money - gold - has been hijacked for special interests? Is it possible that gold has been given a bad rap, that banking itself has been the cause of financial crises throughout history?
The Jolly Roger Dollar addresses these questions in detail, providing numerous hyperlinks to web resources as references for further reading.
