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2 Items The Next U.S. President Must Complete For The Future Of The United States

Discussion in 'Political Debate & Discussion' started by KenH, Nov 1, 2024.

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  1. KenH

    KenH Well-Known Member

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    There are 2 critical items that the next U.S. president will desperately need to complete for the future of the United States:

    1) Ditch the current fiat monetary system and replace it with a gold-standard sound money system.

    2) Balance the federal government budget within the next 4 years.
     
    #1 KenH, Nov 1, 2024
  2. JonC

    JonC Moderator
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    Inflation and economic growth would be too volatile with the gold standard, but I agree with #2.
     
    #2 JonC, Nov 1, 2024
  3. KenH

    KenH Well-Known Member

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    We have been through this debate before over fiat vs. sound money, so there is no need to go over previously plowed ground on this board, but I just want to point out for any readers of this thread that you are flat out incorrect in your statement based on U.S. history under the historical gold standard prior to 1913.

    For any readers of this thread who might be interested in the reason for my position, I highly recommend this book - Gold: The Monetary Polaris, available at this link as a free pdf:

    GTMP-ed4-eBook-1.pdf
     
    #3 KenH, Nov 1, 2024
  4. JonC

    JonC Moderator
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    Ahhhhh.....I couldn't remember who I had this discussion with. But gold is far too volatile.

    Here is one article:

    Why a gold standard is a very bad idea — Money, Banking and Financial Markets
     
    #4 JonC, Nov 1, 2024
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