Quote:
Originally Posted by kingkilburn
I think we should. I don't like the way the FED messes with the economy. All they have done since their inception is cause a vicious cycle of bubbles and massive crashes.
I think we need to go back to a gold standard to have a concrete foundation for our currency and economy and stop messing with interest rates.
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and do what? It is too late for that. You go back to the gold standard now and a dollar would be worth 10 cents instead of the 50-60 cents it is worth now. Anyone ever seen the British pound it is like twice what the dollar is worth. We are screwed.