If if's and but's were candy and ........
Had we stayed true to Gold as the backing of the dollar we would be in much better shape today because Gold has true value and not our Fed Reserve. Just think of what one could buy today with the dollar had it not been so raped by politicains and bankers! The Fed reserve attempting to palce a value on the dollar and determing what our money is worth is financial suicide. As Rand Paul so eloquently stated, "The USSR collapsed because they could not determine the price of bread and we are on the verge of collapse because we can not determine the value of our money". The Gold Standard would prevent this country from running up huge Deficits as we have to today.
"Free Market"/Eutopia.......let me know when the French, Chinese, South Koreans, etc., etc, offer to play by the exact same rules we do. Until then.....manipulation. Read "Currency Wars"......my apologizes for misspelling his name.....Rickards
Artificial manipulation of our currency by our political appointees to speculate on the value of the dollar is a disasterous policy. The value of the dollar should always be determined by a Free Market and nothing else. That is, if we want a future for the dollar!