“In many ways, the worst outcome would be some watered down, pseudo-gold standard under the management of the Fed. If the crisis then persisted, which it would, the easy-money advocates would blame everything on the ‘gold standard’ tying the hands of ‘our saviour, the central bank’. This is also a problem for a Romney-win in general, which is unlikely to bring the pro-market changes America needs although his policies will be branded ‘free market’ by the statist media. If Obama remains in office, at least nobody will call his program ‘capitalism’.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Venezuela Runs Out of Toilet Paper, Achieves True Socialism
The Liberator 3D Printed Gun Successfully Smuggled Through International Transport Security
A Deal With North Korea: Don’t Blow It This Time
I’ve Never Been More Outraged at Washington
Obamacare: A Racket for Overpaid Government Bureaucrats
There is no terrorist threat: The feds want you to think there is
Chemical Agents in Bombs
Andrew Napolitano: Domestic Spying Is Dangerous to Freedom
Jacob Hornberger: The Banality of Evil in the War on Drugs
Bill Bonner: Is this a major change of direction for gold?
Dot-Coms and Bonds Aren’t So Different after All
A Swiss-Style Spending Cap Would Have Prevented the Current Fiscal Mess in America
Which Countries Can The NSA Whistleblower Escape To?
The Gold Lease Story You Haven’t Heard
Rep. Cantor Steals Condi Rice’s Iraq Lines for Syria