I often lament the repeal of the Gold Standard Act.. are we seeing a return to "real" currency with the institution of currencies like this:
The Free Lakota Bank is the world's first non-reserve, non-fractional bank that issues, accepts for deposit, and circulates REAL money...silver and gold. All of our deposits are liquid, meaning they can be withdrawn at any time in minted rounds.
www.freelakotabank.com
I used to buy alot of silver rounds and ingots.. might be time to look into that again as well as gold when I can afford it.
Maybe people will renew their interest in things like the
Liberty Dollar?
But really, what makes precious metals the standard? Back in the 60's and 70's I was interested in a (revived) movement that touted an economy based on man hours called
Technocracy.
Or maybe it's time for a large scale economy based on barter currencies?
So, where ARE we headed, in your opinion?
