One of the main points I learned from this documentary, that I did not previously know, was that gold had already been tried and led to unemployment and poverty.
Also, according to Benjamin Franklin quoted in this documentary, the Revolution War was primarily a result of America wanting to print its own money. Franklin said that colonialists would have gladly paid a small tax on tea, otherwise.
The quotes from Benjamin Franklin seem to confirm this. Gold and silver had been hoarded for hundreds if not thousands of years prior. Switching to a strictly gold standard still leaves power in the hands of the very few who own most of the gold.
Feel free to link and share selected literature or videos by Richard Werner and Steve Keen.
I recall reading in The Creature From Jekyll Island that the Byzantine empire minted gold and silver pieces with fixed weights; and that anyone who filed, chipped or falsely forged any would have their hand cut off. The empire survived over 800 years without falling into debt or having its money devalued.
Unfortunately we live in a world where the elites do pretty much whatever they want with no penalty, and most of the population chooses not to resist it.
One of the main points I learned from this documentary, that I did not previously know, was that gold had already been tried and led to unemployment and poverty.
Also, according to Benjamin Franklin quoted in this documentary, the Revolution War was primarily a result of America wanting to print its own money. Franklin said that colonialists would have gladly paid a small tax on tea, otherwise.
The quotes from Benjamin Franklin seem to confirm this. Gold and silver had been hoarded for hundreds if not thousands of years prior. Switching to a strictly gold standard still leaves power in the hands of the very few who own most of the gold.
Feel free to link and share selected literature or videos by Richard Werner and Steve Keen.
Those links were fantastic. Thanks.
I recall reading in The Creature From Jekyll Island that the Byzantine empire minted gold and silver pieces with fixed weights; and that anyone who filed, chipped or falsely forged any would have their hand cut off. The empire survived over 800 years without falling into debt or having its money devalued.
Unfortunately we live in a world where the elites do pretty much whatever they want with no penalty, and most of the population chooses not to resist it.
Ohhh ... The bleaters will love this!