You're very right about those things, but I don't spend time thinking about them because it's the nature of all monetary systems. Even back when the only financial measurement was a stick with niches issued by the king, money changers found ways to manipulate and over/undervalue it.
Those things don't concern me because it's the pot we're in now - that ain't changing.
However, the amount of money the next Prez chooses to borrow - creating new value or further loss of value of the buck - it something we CAN control. If Obama does what clinton does - he'll stop the massive spending and restore things domestically. If Mccain did what bush did, he'll borrow 4.5 trillion bucks and start another war or two.
It only postpones what is inevitable. As it stands now, we have no Constitution under Admiralty and Maritime Law.
People need to understand the principles that Jefferson wrote about... Not fight about the "value" of something that is made up and does not exist.
"Our rulers will become corrupt, our people careless... the
time for fixing every essential right on a legal basis is [now]
while our rulers are honest, and ourselves united.
From the
conclusion of this war [American Revolution] we shall be going
downhill. It will not then be necessary to resort every moment
to the people for support. They will be forgotten, therefore, and
their rights disregarded. They will forget themselves, but in the sole
faculty of making money, and will never think of uniting to
effect a due respect for their rights.
The shackles, therefore,
which shall not be knocked off at the conclusion of this war,
will remain on us long, will be made heavier and heavier, till
our rights shall revive or expire in a convulsion."
- Thomas Jefferson
