that one was a masterpiece Lallante rarely have i seen so many disgusting insults compressed into so little text.You must spread some Reputation around before giving it to Lallante again.
do you honestly think you are ever going to be able to walk out to the population of northern europe (ie, Germany and everybody else who's not completely bumfucked yet) and tell them that they have to take significant cuts in their welfare and living standards so those poor people down "south" can catch up and we can all sit around the campfire singing happy happy hippie songs ?
and how are you going to sell that "idea" ? because if its forced trough you will have another one of those lovely pan-european conflagrations on your hands, the kind we kick off every 50-90 years or so.
i fail to see the advantage inherent in losing between 1% and 3% of my net worth on a annual basis since that forces me to attempt to claw that loss (and then some) in from my employer. (remember the wealth pie grows even more than inflation, so in order to retain the same overall share...)
but then, i dont have debt in a house or indeed at all, so i just get to lose part of my net value, add insultingly low savings interest (say i don't want to tie it up five years at a time, i end up losing money to inflation) and i must admit i struggle to see the "advantage".
as for the whole silver/gold vs fiat debate, get over it people, a return to gold backed currencies is not going to solve anything. its not going to make cyclical problems go away, and its not going to "bring down the central banker master race" either, mostly because many of them are running out of ideas aside from creating more money.
on the other hand, the way we handle momentary policy today sure as fuck is not working well either, so in my opinion that has to go as well if only because it will invariably lead to debt overload and the currency itself becoming meaningless.
so let's get something else on the table, what i don't know after all i work with computers for a living, not numbers.