Friterie

Stating the obvious but it will never happen if you don't do anything about it.. As a developer meetups and hackerspaces could be a great way to start. It worked for me. Turning up the first time is the hardest. It's still difficult after that but it's a little easier each time until finally it's a pleasure most of the time.

Yes. You should spend some time figuring out why.

That's a very important case that is so fascinating because despite all the weaknesses of employing a precious metal as a currency; since the introduction of paper currency in the last centuries central bankers have managed to create hundreds more Spanish disasters in such small period of time!

Weimar, Austria, Zimbabwe, Argentina... It's a long list of 20th Century, central bank, paper induced economic disasters: http://en.wikipedia.org/wiki/Hyperinflation

Can you find any hard-money regimes like that?

You're post is incoherent. I'll try to address what I can.

You ask what I would have controlling inflation / deflation. The free market is my answer. Study the history of inflation / deflation you will see that almost without exception inflationary shocks are caused by the control of money and its supply by a narrow self-serving elite. You ask what else I would favour when a much better question would be why, based on the historical record you would ever lend intellectual support to the status quo.

You mention "bullshit Fed conspiracies". Do you actually understand the Fed and its origins? I'm 100% sure that you don't. The robber barrons were never deposed. When the Rockefellers and Morgans were relieve of thier "monopolies" they gained the greatest cartel and monopoly that one can possess: The power to print the money. The won the central bank. That's no conspiracy. It's fact.

Your mention of mining is a bit confused, and I don't really understand what your getting at. You are aware that mining isn't cost-free activity?

Finally, before you repeat the asinine arguments as a peasant shill of their cartel how about asking yourself why the central banks of the world retain gold as their most prized asset while at the same time quite successfully employing you, for free to peddle the notion that only toilet paper has any utility in internet discussions.

Notice that I haven't mentioned precious metals once, it's only been imputed by others including yourself.

Nevertheless if that's the road you want to go down then the impact on Spain from it's South American conquest is an example from history that somewhat parallels your asteroid of gold.

And yet where Spain's experience serves as a warning we have to look to the modern central bank and revolutionary France in order to gain a true glimpse of what unfolds when a single entity has in it's possession an asteroid of money. Paper money imposed imposed by fiat.

Subjectively in the opinion of many, gold fails in one aspect that is essential to a functional money in that it lacks what would generally considered a wide demand for "useful" applications. The subject value bestowed on it for being yellow and shiny is hardly considered a virtue but perhaps that says more about the human condition than gold? It does however satisfy the remaining requirements of a money very well. It's detractors in favour of paper should perhaps ask the same questions of their beloved wood pulp and see if it doesn't come up short.

The Atlantic article, is in my opinion weak and childish. I don't blame you for opinions, they are inevitable conclusions reached my the majority of bright minds educated by the system. Having been a successful CFA candidate I'm readily familiar with all the received "wisdom".

If there is one reason I would hope might persuade someone to reconsider the validity of the economic consensus if it would be the fact that I can assure you that if you do a little digging you will discover that the architects of the fiat, paper, fractional, central banking system; certainly agreed with me rather than you.

The reason today's system is so fragile is the their progeny have by and large bought into the economic snake oil that poured through education system to justify their monopoly.

Oh I'm sorry, you must inhabit that parallel universe where central bankers and their web of oligarchs are public-spirited socialists, and where in the words of Blankfein actually are "doing God's work".

Did it never strike you as odd that when the robber barrons were deposed by the class of disenfranchised oligarchs they were awarded the Federal Reserve as compensation.. Yes they were quite pleased.

Indirect exchange was not invented with paper pushing central bankers... Read some economic history, even a bad one and you'd know that already. Aside from French experiments with paper during their revolution, hyperinflation is very much a modern, paper induced phenomenon.

It's strange you say it works because it happens that every case of hyperinflation in history has occurred under a fiat, paper system. Paper is very easy to debase, but if you want you can go to the "best" "schools" in the world and they can tell you why it's such a good idea... and maybe one day you can pick up a job at a central bank. And if you're really lucky your peers will prefix your name with a sobriquet of high honour as cool as "helicopter".

And yet where disease did not succeed the gun was willing.

So yeah, props on managing to hijack a comment regarding unemployed, uneducated young males to tell the world how awesome and highly intelligent you are to be gainfully employed/entrepreneurial without a degree.

Self-absorption level: God mode.