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Patrick C
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The Significance of the Gold Standard - Antal E. Fekete - Gold University

Boko Haram have set up a commodity backed currency in Nigeria. Backed by slave girls/hostages. In the old days a slave could be redeemable by a years wage ?
Fulfills most of the standards of precious metals.The U.S. holds a crypto-currency for decades, or longer ,in the form of its prison populations.Mostly of West African descent ,I suspect.Academic I suggest, as to how much actual gold is held, in certain circumstances.

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Début de l'article :Of all institutions the gold standard occupies a paramount position as an instrumentality of human freedom, private property, private enterprise, and responsible government. The nature of the gold standard should reveal something as to why it is a necessary and natural companion of human freedom. After specifying the standard gold coin and opening the Mint to its free and un-limited coinage on private account,... Lire la suite

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