Tuesday, May 10, 2011
Hate speculators? Go for Gold!
If Obama hates speculators so much, here's how you get rid of them - RETURN TO THE GOLD STANDARD! When the value of the dollar is measured by the value of gold, there is little incentive for people to gamble on the future price of the dollar, since it does not fluctuate very much if at all. Inflation ends, money stabilizes, businesses can better plan for the future, and everyone gets richer! When the dollar is stable, oil prices will also stabilize, and again, there will be little incentive to gamble on the future price of oil. Problem Solved.
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This is a common sense blog. I welcome comments, but keep them coherent, intelligent and polite. If you can't say it without a belligerent personal attack, nobody's going to care what you say anyways, and neither will I. Profanities etc. only detract from what you say so why do it?