Feb 11, 2010

The Still Report is an 8-minute video giving an easy-to-understand reason why gold-backed money is not the answer to today's fiat monetary system. The problem is not whether money is backed by gold. The problem is who controls the QUANTITY (supply) of money.

http://www.youtube.com/watch?v=CQVAabQ0JcM

The Constitution says Congress has that right. The Federal Reserve Act privatized that power.

In my recent booklet, Biblical Money, I too showed why a gold standard is not the answer.