Comment: Without honest people running it ...

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Without honest people running it ...

any system will become a scam. Right now, the guys who print the money also control most of the gold (and they're experts at manipulating it). As they're not above lying to us, they'll have the scam figured out the minute a new system is hatched.

As mentioned above, dishonesty breeds dishonesty. We are, for the most part, a nation of dishonest, godless people. Until we return to God and the Ten Commandments ... and elect only God-fearing men to political office ... we are doomed to get people just like ourselves to rule over us.

If men were honest, a fiat system would work ... and it did work in the past. On the other hand, their was plenty of inflation and a depression with the past gold-backed systems. Why? Corrupt men were running them. AND YOU ALWAYS HAVE TO HAVE SOME PEOPLE RUNNING ANY SYSTEM! So, any system is only as good as the people running it ... be they politicians, bureaucrats or Federal Reserve bankers.