End the Fed – bring back gold

| August 22, 2011
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000-washington-08-20Paraphrasing one of my many perceptive readers who also favors a gold standard: Since governments produce nothing of any real value, in order for government to grow, it must extort and exploit the money supply. By artificially inflating the money supply, it can fund its own leviathan growth by the promiscuous printing of valueless paper, causing stagflation, inflation, recession and economic chaos. History repeatedly records that eventually the entire economic system will collapse into hyperinflation and economic depression as it happened in America and Europe in the 1920s and ’30s and is happening in America under President Obama and throughout socialist Europe today.

Click here to read the article at World Net Daily

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