>>Gold makes it pretty hard to create and erase wealth with the stroke of a pen.
Exactly. So you don’t need “experts” inventing new ways to create money and funnel it to the right people so the hoi polloi don’t get their hands on it and buy stuff.
Wealth creation and elimination at a whim is what carbon credits are all about.
George Gilmer recently wrote in Forbes about the inherent fault of fiat currency, namely that you cannot have stability in the value of assets when the measuring unit constantly varies in dimension,ie: floating world currencies, pegged at no value other than relative to another country’s fiat. There HAS to be a standard unit by which everything else is measured. Gold works as that metric.
This fraud allows the debasement of everything else, to the gain of Wall Street supercomputers. The currency markets are 200 times the size of stocks and bonds, and comprise a huge majority of Wall Street profits.
They won’t give that up without a fight. They will do their best to destroy Ted Cruz.
Oh, no, you're wrong about that.
The hoi polloi can buy lots of stuff with the New Money. It serves perfectly well as a medium of exchange AND it makes banks and bankers rich.
What it does NOT do is serve as a store of value.