Da Regierungen Gold nicht wie Papiergeld drucken können, sind die Staatsausgaben durch die Höhe der Steuern, die den Menschen legitim erklärt werden können, begrenzt. Menschen stimmen dann eher für eine Partei, die einen Weg findet, Steuern zu senken, anstatt sie zu erhöhen.
Häufig gestellte Fragen zu Gold, gestellt und beantwortet in deutscher Sprache.
We will continue speaking with not only political leaders, but also bankers; we will also continue to encourage laypeople to read and study the articles at the Institute website. Gold is the money of the future; it is also the money of the people and needs to be understood by the people.
Marginalism; Marketability; The Real Bills Doctrine vs. the Quantity Theory of Money; Interest versus Discount; The True Role of the Gold Standard.
Rather than sit back on our laurels, we must continue to expand – continue to get the message out. Our present monetary system is collapsing. This is not meant to imply that it will collapse next week, or even this year or next year, but it does mean that the paper money process in motion is terminal. How long we still have is unknown; the fact that there is an incredibly important job to be done in a diminishing amount of time is not.
The stock to flow ratio of gold and its ramifications are a book in its own right, but as this is a primer I will stick to the basics. It is not possible to fully understand why gold is money without understanding the stock to flow ratio and its significance.
The idea that pieces of paper backed by government promises can be a store of stable value has been around, on and off, for just twelve years short of one thousand years. Don’t book a venue – birthday celebrations will be muted. The true believers in the paper money fantasy present a sombre example of the depths that human irrationality can plumb.
Less than two and a half years ago, the very idea that the world would ever return to a Gold Standard was regarded as absurd, even by the vast majority of the gold community. In 2011 it is evident to most thinking people that this is precisely what is going to happen; in fact it has now come to seem rather obvious. Not only did The Gold Standard Institute begin that formal debate in January of 2009, but that debate has now progressed into a discussion on what form of a Gold Standard will eventuate. My, how times have changed.
The treason of Tricky Dick was one of the low points of the 20th century which, in the scale of its death through wars and starvation, was itself one of the low points of civilised history. It is an odd claim to most that such immorality can mostly be brought to an end by the reintroduction of honest money, but it is so. Only gold maintains a stable value over time and the restoration of this one virtue is all that is needed to retrieve a natural order and decency out of the existing paper money chaos. Indeed, circulating gold and silver is the only thing that can do so.
The current estimate for the amount of gold stock in the world is in the region of 170,000 tonnes. As the very first step, it needs to be acknowledged that an estimate is all that is available. Running a worldwide survey on how much gold people own is rather pointless. Even in good times, people are noticeably reluctant to discuss their true wealth. In troubled times, such as now, that becomes an unwillingness to even be interviewed. Nevertheless, it also needs to be emphatically stated that 170,000 tonnes is far too low an estimate and that it is time for a revision. Every single media outlet repeats this same figure, or similar, as though it is gospel.