We are experiencing some very strange times. People are turning on one another over everything from race and religion to socio-economic status. Governments are waging wars against not just foreign governments, but their own citizens resulting in standoffs in suburban streets! Business acumen and entrepreneurship are being stifled by idiotic government regulations. Public officials who know nothing about wealth creation but everything about wealth theft are rewarded. Governments are becoming larger and are taking a much larger role in economies. So is the size of their debt. Corrupt public officials and crony capitalists are a hindrance to a thriving economy. They try to take the fruits of the industrious and transfer it to themselves and their crony supporters as entitlements. But, in the process they don’t see that are destroying the goose that lays the golden egg.
“The two enemies of the people are criminals and Government, so let us tie the second down with the chains of the constitution so the second will not become the legalized version of the first.” – Thomas Jefferson
The discipline of the gold standard would have prevented many of the wars of the past 100 years. Millions of dead soldiers died for nothing, along with millions of civilians. But if history repeats itself, then we could be on the same path as Weimar Germany in the 1920s. During that period, paper currency became worthless. A loaf of bread cost 100,000 million marks. But those who had gold and silver in their possession were still able to purchase bread and meat. The Fed is now buying debt with debt. The “official” inflation numbers are a scam, as anyone who is buying food knows.
I hope this madness stops before it gets out of control. If things spiral out of control those people who hold gold and silver will retain their wealth. Those who hold fiat dollars will be destitute.
Source Gold Silver Worlds
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