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sam_site
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The Gold Standard: Generator & Protector Of Jobs

- Hugo Salinas Price - plata.com.mx

You state, “To continue selling to the West, China will have to open wide its doors to imports” Here’s the crux of your argument of why China has an undue advantage in trade. You seem to believe that either China has tariffs or is devaluing it’s currency to make their goods cheaper.

Protectionism is a temporary band aid just like money printing that trade partners will eventually reject or raise their own barriers.

The bottom line is that in a hyper-competitive over-populated world caused by the false wealth of counterfeited money, the future belongs to the low cost producer of physical goods.

This means that the low cost producer cannot any longer afford government overhead and exert minimal cost burdens on the manufactured product by being lean, and healthy with minimal wage demands, promoting an environment where shipping costs become a make or break factor in competing against foreign exports.

This new hyper-competitiveness will usher in a world of future workers that are no longer handicapped by poisons like GMOs, vaccines, fluoridated water and toxic synthetic drugs from government-protected monopoly medicine. They will develop strong natural immunity that prevents disease and work well into advancing years without debilitating diseases.

Few realize that the poisoning agenda that has handicapped Western workers by a small hidden European elite has disabled their ability to compete and has made them toxic, sick, chemically dumbed-down and dependent on Big Government regulatory, military and social programs. The West is an extinct species and doesn’t know it yet.

Of course gold will keep replacing paper currency as described in Mike Maloney’s Seven Stages of Empire as a recurrent repeat of history and enforcer of balanced trade as you convincingly argue.

Commented 3222 days ago

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Beginning of the headline :The abandonment of the gold standard in 1971 is closely tied to the massive unemployment the industrialized world has suffered in recent years; Mexico, even with a lower level of industrialization than the developed countries, has also lost jobs due to the closing of industries; in recent years, the creation of new jobs in productive activities has been anemic at best... Read More

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