Quote:
Originally Posted by charles brough
I am not sure I understand this. It seems you are saying we have the ultimate economic, political, etc. system now.
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Not at all! In fact quite the opposite!
You see by arguing we need a gold standard, we're saying, "people will never ever make the right decisions, and we can't trust them, therefore we have to instill rigid rules that will cause major disruptions in our economy."
Our current system is open to an evolution of knowledge and increasing amounts of data whereby the government--always under the review and approval of the electorate--can make intelligent decisions about tightening or loosening the money supply or other levers of monetary policy in order to smooth over the economic cycles which cause so much pain.
Social Darwinists will not agree with this approach, but that's just because they see no downside to destroying millions of livelihoods if things might ultimately be better (for whom?).
The whole idea behind interventionist monetary policy is that it is open to new ideas and new approaches, and is certainly better than the alternative.
Imagine medicine as it used to be practiced, with "doctors" using Bloodletting and Trepanation simply because the books prescribed what you were supposed to do and no "creativity" was allowed in treating patients. Certainly the upside is that everyone would get the same treatment and there'd be no opportunities for medical malpractice-chasing attorneys. But on the other hand, no risks would ever be taken on new techniques that relied on a doctor's *judgment* because, well, we can't trust *anyone*...
Arguing against the gold standard is not an argument that the current system is perfect, just that the gold standard is an ancient, harmful, and fully discredited idea that serves no useful purpose in modern society.
I should wish to see a world in which education aimed at mental freedom rather than imprisoning the minds of the young in a rigid armor of dogma calculated to protect them though life against the shafts of impartial evidence,
Buffy
