>Assuming we go back to the constitutional dollar (gold standard), how is the problem tackled?
posted on Gab earlier today about this.
Would make sense!
We have a Petro dollar, Trump has literally opened up all avenues for oil/energy exploration, rigs are being moved back to the US as fast as they can get here.
So we are going to be the premiere oil exporter in the world in a year or so. Even Saudi Arabia is looking to invest in oil here.
So We keep a Petro dollar, reenforce it with Gold/Silver and Copper so it becomes a Constitutional money.
Dissolve the fed and declare a debt holiday, just as we forgave the debts of the Mashal plan after rebuilding Europe after WWII.
Arm twist other central banks to do the same. Like they would have a choice when the Fed is declared insolvent and a new currency based on real assets coming on-line.
We could buy up debt from smaller countries for $.10 on the dollar with oil exports.
Now we have a new currency that doesn't completely destroy the working class with inflation in the process.
Over night we have a stable dollar and life goes on as normal with a quadruple backed currency.