Originally posted by spaceman
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Money is the power to make people do things.
Governments want to make us do things.
People riot it you force them to do the things they don't want to, but don't riot if you make them think they chose the situation themselves.
Fractional reserve banking puts money, and therefore more control over us, into the hands of the government.
and
.. the cost of paying for war, it forced America off the gold standard.(let me check the details of that).
and
.. Governments are often competing with other governments for control.
having a real gold or silver based control/ transaction system can be a problem if another country (like China) wants all your silver... like it did in the grand opium wars of 1838.
So, soft control is the answer.
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