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Old 11-20-2011, 05:01 AM  
TheDoc
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Join Date: Jul 2001
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Posts: 13,827
Quote:
Originally Posted by Emil View Post
Post examples of his crazy ideas?
Why wouldn't it be possible to end the Fed and let the government take care of it instead?
What is his actual plan of action to make this happen so it doesn't destroy us during the transition period?

What happens to the money we have in our banks and what happens to the value of the income paid back on debts as an expected amount of money for future business? If we have trillions in liquid cash and trillions in digital cash, and we convert back to gold, what is the value of our trillions now when we don't have that much gold? What happens to the wealth of our Country? If the idea is to replace our dollar, what is the value of replacement? What do we do with inflation/deflation of products, serves, goods, debts and our dollar value?
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