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Backing money with gold is not the solution, 2/3 of the world's gold is in the hands of private banks. The value of the gold is kept high by those banks, not by real value - as maufactured goods. The above documentary shows a solutin : no more fractional reserve banking. Money need not be backed by anything , as long as the volume of money is kept under check by the government and the government prints it's own money. Today that is not the case, the Federal Reserve prints as much money as it wants, money backed by nothing - and it is a private bussines
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