Martin Armstrong: There Will Be NO Return to The Gold Standard without Serious Unrest & Collapse—Here’s Why

The comments below are an edited and abridged synopsis of an article by Lorimer Wilson

Some insist that there could be a return to the gold standard without serious unrest and collapse. What they do not realize is that such a proposition is really a call to arms. Government will not return to a gold standard because it would mean a loss of power and overturn the very nature of how republics (not real democracies) actually function.

There Will Be NO Return to The Gold Standard without Serious Unrest & Collapse—Here’s Why - BullionBuzz - Nick's Top Six
Gold bar, ingots and coins on financial report. Growth of gold on stock market concept. 3d illustration

Whenever government is in trouble, it confiscates wealth. This is why governments are becoming very aggressive:

—The US is wiping out Americans worldwide, presuming any business conducted overseas is to hide money.

—France has virtually destroyed the gold industry by prohibiting the buying or selling of gold for cash.

The more money they need, the worse things will get. This is part of the Sovereign Debt Crisis. If you think any government will voluntarily give up power, you are praying for an exception that has never existed in history.

This is the wave of Creative Destruction. We must collapse before we see reform. There is no example in history where government voluntarily surrenders power without a crisis. There will be no return to the gold standard. This is all about retaining power.

This won’t end well. We must first collapse and abandon Republicanism and adopt real Democracy where the people vote on every spending proposal and restraint on liberty; then and only then can we look at restructuring the world economy. There will be no gain without the pain.

History is truly the catalog of solutions. A return to the gold standard without serious unrest and collapse is a story up there with the tooth fairy.

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