I have read in several places that there is a concern over counterfeit gold bars. This is the reason we are not on the Gold Standard. We cannot place the economy in the hands of gold.
If the value of gold is reduced because of a fear that it is not pure, then we will see a crash of everything. It must be well understood by the participants, that the economy is based on their production, not on the value of gold.
In order to have a stable long term economy we must reduce the value of gold. The only way to do this is Full employment. There must be an appearance that everyone is working on innovation. This must return infrastructure to all. The return of infrastructure is the only measure of innovation and pride.
There will be a point where it cost less to counterfeit the gold then it cost to maintain the stability. Then the value will crash. If the value crashes then there will be a loss of confidence in all governments and all systems.
Massive employment can be deployed without conflict by following Article 1 Section 2 Clause 3 1:30000 representation would almost instantly cause full employment. This will also provide the infrastructure to reduce error in the government. This will provide security, transparency, and redundancy. This level of representation would reduce cost, increase standardization and demand innovation. This level of representation is brilliant.
This is a choice. The next problem in our economy is gold. The only solution is full employment.
Monday, February 15, 2010
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