Americas Silver Corp fka USAPF

[permabear]

I am more liberal politically which usually doesn't jibe with a view favoring a return to the gold standard. But I am a fiscal hawk first and I just see our political system failing in the ability to balance it's books. It's just too easy to spend too much AND tax too little to please the people and the special interests and to run up these chronic budget deficits. It's not only happening in the U.S.; it's also happening throughout the western world- especially Japan and Europe. A gold standard may put constraints on the government's ability to act irresponsibly. It's no panacea for everything as downturns wouldn't be as easy to fend off as the Fed has done for the past 30 years. But in the long run we may be better off if constraints are put on government's ability to act irresponsibly.