To: davikkm
Returning to the gold standard would instantly destroy our fiat currency. The FedGov could NEVER procure enough gold to back all of the nation’s currency at current value. Impossible.
Trump is showing his ignorance here.
12 posted on
09/04/2017 4:06:45 PM PDT by
Freedom_Is_Not_Free
(What profits a man if he gains the world yet loses his soul?)
To: Freedom_Is_Not_Free
"The FedGov could NEVER procure enough gold to back all of the nation’s currency at current value. Impossible.
Trump is showing his ignorance here."
And the current price of gold has to stay locked in its current place because???
15 posted on
09/04/2017 4:18:16 PM PDT by
Garth Tater
(Return to sound money and Constitutional governance.)
To: Freedom_Is_Not_Free
No. Just properly value gold and then it works.
16 posted on
09/04/2017 4:19:28 PM PDT by
piytar
(http://www.truthrevolt.org/videos/bill-whittle-number-one-bullet)
To: Freedom_Is_Not_Free
This is happening NOW weather we move to a Gold/silver standard or not. The real World is making arrangements to make money real again.
Check out
https://www.goldmoney.com/
31 posted on
09/04/2017 5:41:10 PM PDT by
Jim from C-Town
(The government is rarely benevolent, often malevolent and never benign!)
To: Freedom_Is_Not_Free
No the ignorance is the commenting on this thread.
Gold Conversion Rate:
1 oz = 1 penny
OR
1 oz = $1 trillion
Pick a workable conversion rate between those limits
and go back on the Gold Standard.
Folks, this is not rocket science. Rickles would say, I hate a dumb guy. Lol
45 posted on
09/04/2017 7:27:40 PM PDT by
TheNext
(Obamacare is KILLING GRANDMA!)
To: Freedom_Is_Not_Free
Returning to the gold standard would instantly destroy our fiat currency. The FedGov could NEVER procure enough gold to back all of the nation’s currency at current value. Impossible. "Impossible" to return to the Gold Standard? Nonsense.
Difficult to do instantly? Of course.
[President] Trump is showing his ignorance here.
Ignorance? Bullsh-t...
49 posted on
09/04/2017 9:35:37 PM PDT by
sargon
("If we were in the midst of a zombie apocalypse, the Left would protest for zombies' rights.")
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