Fool’s gold and gold fools

Ben Bernanke, the chairman of the Federal Reserve, said today that a gold standard won’t fix the economy.  He said it would limit the government’s ability to manage the economy.

Let’s see:

No inflation

Limited government

Free market

I can see why such a thing would be a preposterous idea, since the government’s manipulation had brought on the real estate bubble and current recession and pending depression.  Can’t have the government not be able to muck it up.  People might forget to be dependent.  And then politicians might have to find a REAL job.

The horror.

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About drrik

3rd career and 2nd childhood. Spends spare time repairing old things. Aspires to burn more gasoline, gunpowder, and ink in pursuit of slowing down. Child of the 60s and aspiring student of history. No desire to see us repeat the failed social experiments that keep failing for lack of human beings that meet the left wing standards and have to be killed off. Did engineering long enough to realize that very little is new and the wheel does not need to be reinvented.
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