The Gold Standard, And How To Fix The Economic Crisis
I believe what we are witnessing with the economic crisis is the breakdown of something that someone who subscribes to corporatism or socialism both despise. That thing is the failure of centralization. If you believe that the government should be used to “help the poor by taxing businesses they already have more than enough” or “tax money should be used to keep businesses strong because the more jobs we have the less poor there will be”; I think will not like how I believe we could fix the economic crisis. We can fix the economic crisis not just by implementing a gold standard but to do something even more radical. I propose we look to decentralization for the answer. We should decentralize the banking system and the monetary system. For my main reasons why I propose something so radical I refer to an older post: Why The Gold Standard Is Not Enough . A gold standard can help but it also can be manipulated. I hope the economic crisis can be fixed but I have a bad feeling governments around the world think they are the ones to fix it.
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