Return To Gold Standard?

Very interesting, and I think key word there from Lehrman is that he "plans" to present the idea. However, I am prone to think the figure heads in Washington like one head of Federal reserve and the president perhaps, would do everything in their powers to make that proposed bill into a law so to speak....

If this comes in I wonder if your government will pass a bill making gold and silver bullion illegal to own again.
They have done this before.
They recon history repeats itself.
If it happens I recon there will be a mad rush at the local hardware store for shovels

The PTB will do everything in their power to prevent it from happening. They know the gold standard would limit how much they could steal from the sheeple.

The only way it will return (and it will return sooner or later) is when the PTB get so greedy that they must take your wealth by gunpoint. At that point there will be so little wealth left out of their control that the whole system will collapse like all other Ponzi schemes.

Another thing the PTB are aware of is that usually this means a total collapse of both society and government, usually a very bloody collapse.

Economic crises eventually devolve into hot wars, both internal and external to the country.

There has been some talk about this and there are some groups out there who advocate it for various reasons. I think that it would be a very good idea but also think that it will not happen unless the fiat currency systems collapse. While this is possible, I'm not at all sure how likely it is.

JSH... I believe that this is because of the development of the world economy. No one nation can drag the rest back to a PM monetary standard. Unless we all do it, it is probably not a workable system for world trade. No one wants to swap their valuable gold or silver for someone else's intrinsically worthless fiat paper. Currently, the world reserve currency is the US dollar. There are many reasons for this but chief among them is that the US has a very large economy and also a very large amount of currency. It is a stable country and a very strong one in spite of the recent problems. Being the world reserve currency is not a given, however. That status could end at some point. It did for the British pound sterling. If that happens, what will replace it? Perhaps a basket currency like the Euro. Perhaps gold or silver or even a "world dollar" backed by a basket of commodities. Hard to say what would be the new world reserve currency. Creditor nations do not appreciate US monetary policy these days. We print too much currency and that causes inflation that reduces the value of our payments to the creditor nations of the world. They will not put up with this forever. I know that I would not.

"Hard to say what would be the new world reserve currency"

To my understanding Ed, there have been talks of a combination of gold, and the current currency's of China, Russia, France, A country or two in and around the middle east, perhaps Germany and Japan as well....

Now then, these country's sneaking around behind closed secret meeting doors and planning these future events, and them actually coming to be are obviously two different things. But, like the example you gave on UK loosing its WRC position, and other examples in history shows no country is immune to the laws of economics. Persia, Rome, and Carthage just to name a few, all who took many things for granite, food, supplies ,water, their currency's and most importantly the people who made up the foundation of each of these fallen empires....

I think my first short paragraph under Ed's quote is what will happen, or something similar. Why, because it is complicated, surrounded by bureaucratic red tape, and endless circles of written mambo jumbo, instead of something simple, like I would create such as....

The WORLD note, backed by something plentiful and which holds value in the eyes of many ("The needs of the many out weigh the needs of the few or one" Captain Spock Wrath of Kahn)....

I know you all can list a million reasons that idea will not work, but remember many things work on paper like COMMUNISM, but not everything works put in play. And there fore the opposite must be true, laws of this Universe....

Of course, I would prefer us to all just keep the complicated systems we have in place, and the U.S. continue being the king of the hill waiting for someone to try and push us off. But that is the dreamer side of me, and I am a bit of a realist as well....

I doubt verry much that we will return to the gold standard.
Its far too easy just to print a few extra trillion dollars.
The PTB would find this far too hard and complex, So they just fire up the presses while no ones looking/caring

Since OZ has stolen all the honest citizens' guns, how you gonna stop them?