Money is far too important to be left to the politicians
By Jan Skoyles
Sunday, 18 November 2012
When I first joined The Real Asset Company I attended a discussion on the oncoming collapse of the paper money system, held in a small room at the Houses of Parliament. It was in this historical place where a (now) good friend of mine said something which has stuck with me ever since, ‘I don’t know which money is the right money, but whichever the people choose must be the right one.’ I couldn’t agree more, but, as we all know, governments do not.
As this monetary system fights a hard fight to its bitter end, governments are working harder than ever to stop individuals choosing how to store their money. Whilst here in the West we seem blinkered by the monopoly money governments woo us with, our compatriots elsewhere are onto something; saving vociferously in gold, aware that their governments are proving poor stewards of the monetary system. But in many cases, if not all, the government is putting up a fight.
Whilst governments and loyal Bernanke followers out there continue to tell us that ‘gold is not money’ their actions continue to prove them wrong.