Conservative Daily News - The best news, analysis and opinion articles written by a collection of citizen journalists. Covering a range of important topics in blogs, op-ed, and news posts, these upstanding patriots are bringing back American exceptionalism with every entry..

Fiat Money, the Gold Standard, and the Deficit

You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Fiat Money, the Gold Standard, and the Deficit”.

Conservative Daily News allows a great deal of latitude in the topics contributors choose and their approaches to the content. This is due to our approach that citizens have a voice, not only the mass media. Readers will likely not agree with every contributor or every post, but find reasons to think about the topic and respond with comments. We value differing opinions as well as those that agree. Opinions of contributors are their own and do not necessarily reflect those of CDN, Anomalous Media or staff. Click here if you'd like to write for CDN.
Put This Story in your Circles and Share with your Friends

Tags: ,

Comments (3)

Trackback URL | Comments RSS Feed

  1. mark maimone says:

    is a 2 currency theory possible? domestic only blue collar pay in hi-value currency based on gold,precious metals,oil,energy. and “linked” white collar international greenback fiat (based on all goods,services,commodities as before) for business,corperation, wall street. an example of use: a binding business contract between workers,government,and businesses. a worker would be paid in fiat, that would be converted to new currency at the bank. the fiat would be held as collateral (for a set time) and once the payment in new currency to the worker is cleared the fiat money would be returned to the business. new currency would be increased in value yearly in a slow computation till full value is reached (to slow demand inflation.)and there are other details also to be worked out. i have asked other websites about this theory since i have not found anything similar on the net? so i do not know if it is good,bad, or impossible to implement? thank you for allowing my economic theory comments.

  2. Ayce says:

    Wonderful submit, very informative. I’m wondering why the other specialists of this sector do not understand this. You should proceed your writing. I am confident, you have a huge readers’ base already!|What’s Taking place i am new to this, I stumbled upon this I have found It positively useful and it has helped me out loads. I am hoping to contribute & help different users like its aided me. Great job.

  3. John says:

    Sorry, you lost me:
    1) why would we want to limit the size of our economy to the quantity of a physical element extracted from the ground? (and in our possession)?

    2) how does the gold standard stop the Gov’t from spending? They can just take a larger share of GDP for gov’t purposes…

    If we want to control gov’t spending, we shouldn’t try to have arbitrary economic limits do what the ballot box should. And politicians would push the gold standard to the brink (and beyond, to the harm of many) before they change their spending ways.