[Waco]

Probably too late, but the dollar should be re-valued 1 for 10 or 1 for ? Then all coinage sdould be gold, silver or copper and possibly nickel. Won’t be painless but if 2-3 other nations do something like this first the U.S. will be in a pickle,,,this would devistate the dollar and the ecconmy. We can’t afford to be also-ran in this area. Think about it.

[UnbelievingScumOnTheOtherSide]

Then all coinage sdould be gold, silver...

That doesn't work anymore because there are insuffient quantities for a fractional reserve world economy that is so much larger than those commodities. People didn't own much when those could regulate the economy. Gold would have to be $50,000 in current dollars per ounce. Think of the deflation that would have occured over the last 80 years with 1 oz. = $20.67. A nice house would be $80.

Look at the price spikes. There is no reason to fix apples against gold and be eating them one day and polishing them the next because the government ran out of gold.