posted ago by defiant_liberty ago by defiant_liberty +3 / -0

Just monetize gold at $100000 per OZ. All of a sudden, all debt becomes payable, all stocks become undervalued. Inflation, after a one time price shock would come to a screeching halt. Prices, contracts, and pay would quickly adjust. Of course, the government would no longer be able to finance reckless spending with printed up money, but oh well.