>>4941I disagree with the monetary system you are proposing based on the fact that it would be backed up by precious metals. The way to go is a pure fiat currency, a a la England's pre-jew tally sticks or Lincoln's Greenback.
Should the monetary authority and the public have gold and silver? Fuck yes. Should the monetary authority fix a value to gold and defend that position? Hell no. Funding the necessary deficits in the beginning by inflating the money supply will be much better than taking out loans to jews. Also, a short run spike up or down in price could fuck us up big time and would be easy for outside powers to organize.
Under a pure fiat system, monetary and fiscal policy become essentially one in the same. I would propose getting our tax revenue from economic rents (Land values, mineral royalties,etc.) and requiring that they get paid in the government issued pure fiat currency. That way, the currency will derive it's value from the value added to society by government services, reflected in the price of land and other economic rents.
Brother Nathanael, Bill Still, and Ellen Brown are good resources on fiat currencies. Henry George should be required reading for anybody interested in economics.