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4-step solution to our economic problems
February 10, 2009 by Michael Gibbons
1. Get rid of the Federal Reserve System and institute a 100% gold standard immediately.
2. Allow asset prices to fall in price so that they are attractive to investors.
3. Get rid of 99% of governmental interference in the economy and this will result in real free markets.
4. Reduce government to it’s two proper functions- maintain a minimal but sufficient national defense and provide a court system for strict prosecution of force and fraud.
The implemenation of this 4-step solution will result in unprecedented prosperity and a historic rise in productivity and our standard of living.
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