| Author: | Edward E. Rochon | ISBN: | 9781310210563 |
| Publisher: | Edward E. Rochon | Publication: | February 16, 2015 |
| Imprint: | Smashwords Edition | Language: | English |
| Author: | Edward E. Rochon |
| ISBN: | 9781310210563 |
| Publisher: | Edward E. Rochon |
| Publication: | February 16, 2015 |
| Imprint: | Smashwords Edition |
| Language: | English |
A preface notes the problems of gold and paper money with respect to pricing and economic stability. It proposes to offer a solution. Chapter 1 notes that the major value of gold has been a promise to pay attached to it, just the same as with paper currency. Chapter 2 notes the confidence in the value of paper currency leads to panic. Chapter 3 proposes the creation of green gold, paper currency with gold thread sewed into it at the current value of the bill's denomination, one dollar of thread for one dollar bills. This will result in speculation on value. Uncle Sam should not try to prevent speculation on its currency. This will insure that the bills will not be burned and melted for the gold. The bill will instill confidence in the market value of the gold to the extent counterfeiters are thwarted. Chapter 4 makes the case that currency will help secure the nation and other nations against sabotage of an electronics based financial system. It will back up the financial system. Chapter 5 reinforces my statement in other essays that the primary function of government is wealth generation, with law and order as a necessary requirement to that end.
A preface notes the problems of gold and paper money with respect to pricing and economic stability. It proposes to offer a solution. Chapter 1 notes that the major value of gold has been a promise to pay attached to it, just the same as with paper currency. Chapter 2 notes the confidence in the value of paper currency leads to panic. Chapter 3 proposes the creation of green gold, paper currency with gold thread sewed into it at the current value of the bill's denomination, one dollar of thread for one dollar bills. This will result in speculation on value. Uncle Sam should not try to prevent speculation on its currency. This will insure that the bills will not be burned and melted for the gold. The bill will instill confidence in the market value of the gold to the extent counterfeiters are thwarted. Chapter 4 makes the case that currency will help secure the nation and other nations against sabotage of an electronics based financial system. It will back up the financial system. Chapter 5 reinforces my statement in other essays that the primary function of government is wealth generation, with law and order as a necessary requirement to that end.
