wsj we need to go back to gold standard, page-12

Thank you Shimmer,

I agree Saturn, this would have blown the mind a couple of years ago. How events and ideas are evolving fast; for this to appear in the WSJ, my oh my.

I like this quote, didn't know Maynard Keynes had no children:

"Economists who promote the government-knows-best approach of Keynesian economics fail to comprehend the damaging consequences of spurring economic activity through a money illusion. Fiscal "stimulus" at the expense of monetary stability may accommodate the principles of the childless British economist who famously quipped, "In the long run, we're all dead." But it shortchanges future generations by saddling them with undeserved debt obligations."

Rowingboat