Entry Submitted Anonymously at 12:09 PM EDT on September 17, 2016
"Somebody will have to step in to keep runaway inflation from occurring post-RV."
It is useful to make the point here that Wealth itself is not gold or silver or paper currency, these are claims on wealth. If there is more currency or gold or silver in the world, that devalues these, because they are claims against food or land or water or services, which are the real wealth. Also, there is an important difference between this happening worldwide and this happening in one country.
Runaway inflation naturally occurs in a country that is not producing level with its consumption, especially when a gold standard accurately tracks the balance of payments between countries. If "someone stepping in" to manipulate a currency to avoid inflation were the answer, the US would already have solved its problems. Manipulation is an ephemeral solution that can only be maintained by force of arms. The lasting solution is for Americans to start manufacturing goods and sell them, on a level playing field market, worldwide, and thus to contribute as much to the world as they consume.
So, if the poster recommends some one "stepping in", hopefully what the poster means is capitalist entrepreneurship (which one can read more about at Mises.org) to put people to work making products that others want (and signify this through individual purchases). Hopefully those "stepping in" will assess the core competencies present, to exploit the advantages American workers or resources would have, so that American products will be able to compete.
It is helpful that the GCR is said to support a consistent tax rate throughout the world, which creates or supports the idea of a level playing field. This helps keep capital from migrating. As a matter of fact, the more capital there is in a country, the higher the standard of living.
It is reasonable to state that so-called "stepping in" should probably include the re-education of American so-called experts in economics and, in fact, politics, since the idea that government should manipulate the economy results in fascism. Anyone here want to try to explain rationally explain what system the US has been pursuing? This economy and its currency is levitated by the Treasury. Price-to-earnings ration is at least twice what it should be (and would be if non-productive enterprises were allowed to bankrupt and make way for productive businesses). Also debt-based money (see HiddenSecretsOfMoney.com) needs to be replaced with money that does not grow on trees.
And most important is probably that those "stepping in" realize that the public needs to step in itself, not just an elite few, and direct, through their government system, what is occurring, based on Truth, which needs to be dispensed, not by governments, not by corporations, but -- probably by subscription -- (howling noise of the people addicted to "free tv") so that the marketplace on a level playing field will also extend its unseen hand into identifying who the charlatans are and who the truth-tellers are.
Since the Constitution did not anticipate the problems of monopolization of information or products, those "stepping in" probably also need to call a constitutional convention, and one hopes the result of that could bring a system of liberty that is sturdy and workable. Given the relative unfamiliarity today with the writings that invented the human idea of liberty in the first place, this last might be the hardest to achieve.
Those "stepping in" probanly need a tho