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    Gold Standard: An Essay
    Unavailable
    Gold Standard: An Essay
    Unavailable
    Gold Standard: An Essay
    Ebook24 pages22 minutes

    Gold Standard: An Essay

    By Edward E. Rochon

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    A brief preface notes this is a follow-up to my previous essay. It speaks of conspiracy theories and money at the present time. Chapter 1 makes the point that prior ages that debased money to cover shortages in coinage and income flow were in error in method. They should have pegged the price of gold above international market prices, left their coinage as it was, other than to break down old coins into smaller coins at the pegged price, thus increasing money supply and increasing the value of any assets in the treasury. We comment on how the prince makes this work and of the consequences in local and international trade. Chapter 2 notes that the purpose of the first chapter was to show how gold is really a promissory note in metal. That this was not understood in the past, led princes and treasurers to debase money rather than to peg the price of gold in the local market above the international rate. It talks about debt and credit, the rich and poor and the problems of social conflict. Chapter 3 expands on the points made in the first two chapters, using some history for amplification. It explains how modern states can tax debt and reduce budget deficits. Tax credit card payments; tax money expansion in lieu of borrowing from the Federal Reserve.

    LanguageEnglish
    PublisherEdward E. Rochon
    Release dateOct 22, 2016
    ISBN9781370883097
    Unavailable
    Gold Standard: An Essay
    Author

    Edward E. Rochon

    I write for my health and the health of the world. Often the cure rivals the disease in grief and aches. My writing career started at twelve when I attempted to write a sequel to Huckleberry Finn but never finished it. My writings have included poetry, plays, a novel, non-fiction and writing newsletters for here and there. Recently, I am dabbling into short stories. Apart from newsletters, nothing has been published in print. I bought an audio recording of one of my poems but threw it away in disgust due to an inappropriate reading by the narrator. 'Contra Pantheism...' was my first eBook. About a hundred eBooks have been published since including some books of verse, and my essays collected into five volumes, and one volume of collected poems. A few other types of literature are on my list of published works. My essays deal with fundamental questions of philosophy as well as natural philosophy (science.) On the whole, my works are as far above the writings of Plato and Aristotle as the material power of the United States is over that of Ancient Greece. I once asked myself if I had ever written anything memorable, but couldn't remember exactly what I had written. I started to check my manuscripts but stopped as it seemed the answer to the question was obvious. Gore Vidal mentioned in one of his memoirs that writers tend to forget what they write and are a bad source to ask about their works. Gore knew a lot of writers. I have not and may have been a bit hard on myself. Apart from self-improvement and maybe making a few bucks, my main goal is to bring about a golden age for mankind. Being a man, this sounds appealing. It is pointless to desist and all small measures are worth the effort. Albert Camus thought suicide the only serious philosophical question. He was a fool and died young. Suicide is a waste of time. The most important functional question is: How do I get what I want? The one question that trumps this is the ultimate question of intent: What should I want? As Goethe pointed out: Be careful what you wish for in your youth, you might get it in middle age.

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