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Gold/Silver standard in a digital age????
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03-23-2012, 01:14 AM
Post: #1
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Gold/Silver standard in a digital age????
Hi Brother JohnF,
I'm a big fan of your blog, your posts and youtube videos are very spot on. I do have a question that I wrestle with when it comes to the silver story. I agree that silver is undervalued and is being pressured lowered by oligarchical forces. What I don't understand is how we can view either silver OR gold as an actual currency in a digital age. How can the world economy satisfy the dual need of mankind for money to be BOTH physical and tangible, and simultaneously transferable via the internet? No one in this age is going to want to give up the easiability of buying and selling goods on the internet. So how then can a purely physical monetary standard satisfy this? Thank you, keep up the great work! -Mathematician |
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