Can I Has Gold Standard Nao Prx?

Central banking is bullshit. The stability provided by a gold or silver backed currency increases growth in the long term more than artificial booms and busts caused by central banks lowering interest rates.

Let's look at the current bank and mortgage situation in the US.

1. Fed lowers Federal Funds Rate to increase money supply and spurn economic growth.
2. Banks find themselves with a surplus of reserves by 1.
3. Average investors are tired of the 21st century's weak stock market and decide to get into real estate.
4. Banks, with a surplus of reserves, make loans to anyone with a pulse.
5. Speculators, trying to get in while it's good, take high risk loans because interest rates are low.
6. 3-5 combine to form a housing boom.
7. 6 causes an artificial inflation in real estate prices.
8. Due to 7 and a new (artificial) sense of wealth, people take out mortgages on their homes.
9. Inflation, caused by 1, manifests as the new money makes its way through the economy.
10. The economy contracts just as suddenly as it had expanded.
11. Those who took the most risk during the expansion now take the hardest fall as the malinvestment in the housing market and mortgages is liquidated.

This is where we are now. Unfortunately, amidst the second largest bank failure in US history, the charlatans in the US government are the ones with the least understanding of why. So I ask again, can I has gold standard nao prx?

When a dollar is printed, the value of all dollars are reduced by the same amount as a concequence; you can't just print actual capital or gold by the boatfull, that's one of those things that's so great about the gold standard. This process of fiat money production under the current system, transfers actual wealth from those who hold dollars to those who create them. It also allows for huge government spending, because they can spend money without taxing (for example for extremely unpopular purposes, like wars). High taxes for wasteful purposes are bound to create tax revolts; this system eliminates that risk.

The compound interest paradox also comes into play. All money in America is issued as debt with interest attached to it; money is only created as a loan, and only the principal is created. The extra money to pay the interest has to be extracted from the economy. As long as new loans are made this process is sustainable, but eventually the banks are guaranteed to own everything in society as more and more people are unable to obtain the money they need from the market in order to pay the interest.

Google "I want the earth plus five percent" and "FSK's guide to reality".