"One has to wonder how long the show will continue in the States before they remove the flimsy scaffold that is holding things up."
I had the secretary tidy up the typo.
I certainly agree with both your points of view, that is, except to say there is no scaffold holding anything up, it has collapsed & is now deep set in quicksand veiled only by the smoke & mirrors of the master mezmeriser, the one & only Greenspam, soon to be in a petfood store near you.
http://www.lewrockwell.com/north/north204.html
You may already have read Alan Greenspan's essay, "Gold and Economic Freedom," which was published in Ayn Rand's "Objectivist" newsletter in 1966, and reprinted in her book, Capitalism: The Unknown Ideal, in 1967.
Greenspan has never publicly retracted a word of this essay.
This essay is a good introduction to the government's war on gold. It summarizes the basic issue: the comparative liberty that a government-guaranteed gold coin standard offers to a society. A gold coin standard places a restraint on the government's ability to defraud the public through monetary inflation.
The problem is, a government-guaranteed gold standard is guaranteed by the government. As I like to say, a government-guaranteed gold standard isn't worth the paper it's written on.
