from Gold Core:
Editors Note: With the New York Times once again trying to convince us that the Gold Standard is a barbarous relic from the past (see below), we are happy to publish an interesting and informative piece by one of our contributors David Bryan.
Gold is real independent money that can be explained in terms of physics and ensures the economic health of a nation. Counterparty liability money is a monetary ideology that empowers central bankers who issue currency that destroys the economic wealth of nations.
Science invalidated belief five hundred years ago and proved the earth is round.
Science has since advanced knowledge that the entire universe is comprised of energy and matter.
Economic Science is an attempt to understand how the dynamic of energy and matter contributes to the economic benefit of one and all.
Enterprise is the energy that drives productivity and creates real economic wealth. To sustain life there is no scientific substitute for enterprise and yet banks and socialist politicians would have us believe that enterprise is not needed for wealthy creation.
Banks and socialist politicians have us believe in a monetary ideology that uses fake money so that we lose monetary independence, economic freedom and wealth security to their central planning and control.
Money defines our prosperity, financial independence and economic freedom, to protect us from harm it must have real wealth.
Counterparty money is the liability owed to the issuing central bank and it has no value apart from a legal stipulation that prevents real money from being used in competition.
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