Quick new idea for a new monetary system... i brought up the issue i might as well offer at least one solution.
Our new money should
Be controlled, regulated and managed by the u.s. government, not a private company
Our money should be SOLIDLY 'i mean never change' backed by GOLD, PLATINUM, SILVER, and other precious metals, 'never consumable products'
It should always have a steady base value so it NEVER depreciates below.
Since this is the 21st century, and the technology junkies of the world have created new 'cryptocurrency' which is big across the globe, we should use this, and consumable resources 'like oil and stuff' to increase the value of our money temporarily to help it compete with thd global market.
- Since we want our money to have a 'solid' base value, our money to the general public, 'as it is today' should not be exchangable for gold or other precious resources 'save for 3rd party transactions'
The crypto currencies and consumable products we stock pile SHOULD be what we give in exchange for the 'Bank Notes' which are placed into circulation
The bank note can be 'legal tender and exchange...'
This is a much more sustainable system than the system we have in place today.
Please comment. Share your thoughts on my system.... and help save our country from an economic crisis!