So recently monetary inflation and deflation have become commonplace among society. This has led to things such as famine, poverty and a loss of the currency's value. all of this is namely down to a few matters - the one I shall be discussing now is wherever we should switch back to gold standard. For those of you who are unaware, gold standard is essentially only using gold and silver to be money, and this is also stated in America's declaration of independence (go on, look it up). The best part about this is that with this system, money cannot be forged, and will have actual value, instead of being a piece of paper with a value assigned to it, like the 'currency' we now use today. So today I'm wondering what your thoughts are on switching back - do you think it would be a good idea, or do you think that it could break the economy?
It could still be forged, and it would be forged in greater numbers. What would keep people from stopping someone from melting it down to make more coins? I think you should you tube William Jennings Bryant's Cross of Gold speech. This may change your thoughts. It could break the economy because gold and silver are much more expensive than nickel, copper, and "useless" paper. Do you really think silver is worth less than1$ or gold 50$. I agree with one thing it would stop famine, poverty and a loss of the currency's value.