"tg" earthlink.net> wrote in message
news:3fba0df1-c171-4148-a01a-5e71ff493744@26g2000hsk.googlegroups.com...
On Sep 9, 7:43 am, "Sean" now.com.au> wrote:

Ok Sean, you are getting to be a bottom-feeder like Bret---what kind
of challenge do you expect from those guys? Let me offer a question
for you that your other post got me thinking about:

How is a gold standard different from the current one? It seems to me
that both rely on faith in the gummint, and an artificial 'value'
attributed to the standard.

-tg

----------------------

Hi tg, you're bein' a bit hard on me aren't you, comparing me to Bret? :-(

Someone's gotta clean up all the garbage settling on the floor of our ocean
of ideas. :-)

OK to your good question.

I think the main difference is that Gold can neither be created, nor
destroyed. Just lost at sea, or maybe even stolen. It doesn't rust, doesn't
take up much space vs value, which is why god made it heavy. :-)

Cash notes on the other hand ....... well, it's real cheap to print, some
folks like to light their cigars with a $1000 bill, and the biggy is no one
has yet found a way to counterfeit Gold.

So that's a primary principle, imho, but it does I'm sure fail to address to
your satisfaction the larger "economics" issues .... that's where all the
mirrors start working and it gets harder to see the truth from the fiction.
Or under which shell is the real pea.

Now, if I may add, even if Ron P is saying what he says, doesn;t mean I know
enough to know if changing back to gold is a good idea or not. But, for me,
it's one of the things that has changed the last century, with the speed of
changes these last 20 years especially, well it;s one hell of a scrambled
egg isn't it? And really I am not sure what the solutions are, but I;m
pretty confident that what is happening now is a major problem and not the
solution.

I can;t explain this yet in a suitable way, but what bear sterns & freddie
mac have been doing with "mortgage repackaging" and marketing them, and
selling them around the world is fundamentally wrong and corrupt. What the
central banks are doing is fundamentally wrong and corrupt. What the
individual politicians know about such things is but a drop in the bucket --
so rather than accuse them of corruption, I see them as being grossly
manipulated [ in their desire for relection and as a salve against their own
impotence in such responsible positions of power ..... basically they are
beyond their capacity to work out what's going on inside the house of
mirrors.

At the core of all this economic juggling appears to me to be the words
"self-interest". What that means imho, is it means very different things to
different people. Sound ideas and philosophies and values seem to have been
spun out of any sense of reality. Maybe looking at the role of Gold in the
past, is but part of the method to unscramble the egg, and smash all the
mirrors? I'm not sure.

One person who I do admire and seen a bot of the last few years is the
Economist Jeffery Sachs. He tried his best to help Russia in the early 90's,
and his ideas about Carbon trading and the whole climate change dynamic
sound absolutely excellent to me.

At the end of day Tg, it's about "values" isn't it? Todays world in the west
seems to have twisted and confused people's values and they have lost sight
of what is really important to them as others do flashy things to attract
attention so they can tell people "they have the solutions for these
problems".

Isn;t defying reality that the ones creating the problems can speak with
such forked tongues as to be credible that they have the solutions, yet
again?

Hope that helps. cheers sean