Ending The Gold Standard

That is what Fed Chairman Helicopter Ben claimed was one of the maneuvers that ended the Great depression. Well if you believe that it was outlawing gold after twelve years of a Great Depression that ended our last bankster caused collapse - then I have an amazing cure for the common cold just for you. Send me $10 and I'll give you my cure that is guaranteed to get you back on your feet in about 2 or 3 weeks.

What ended the Great Depression was 12 years of failed pricing manipulation followed by what has to happen to end the current depression. Everything has to be repriced to take into account the decline in the supply of money. But first enormous numbers of companies have to go bankrupt because they were caught paying high production/manufacturing costs inflated by the huge quantity of Federal Reserve money circulating in the last few years. Then they were stuck with these now over priced goods as the money supply dropped off a cliff last year. If the government would just let things happen naturally with the economy then in a year or so prices would stabilize. But they are desperately trying to re-inflate the money supply anyway they can before enough of you figure out was has really happened. They will fail dramatically.

Forget about ending the gold standard to end this depression. The gold standard was eliminated decades ago and will not suffice as a scapegoat this go around. What will return the economy to fiscal health is a return TO the Gold standard. Also, Congress should adopt a truth standard because every time their lips part lies spew forth.