As the separation of Church and State marked one of the finest achievements of western society, so the return to a separation of Money and State will mark the beginning of humanity’s renaissance.
Only circulating Gold can assure the supremacy of human nature over government nature. The size of the economy and its globalized nature makes doubly dangerous and destructive any artificial concentration of monetary power. Humanity has a stark choice: either the Gold standard with liberty, prosperity and peace, or government monopoly of the money supply with grinding poverty or worse, for all except the well connected.
In the entire course of human history, not one government has ever managed a nation’s money over the longer term in such a way that it benefited the people. Since 560 BC, governments have first seized control of money and then degraded it. Eventually they destroy the wealth of the nation. Whenever control of the money supply has become centralized, it has ended in disaster. History’s lesson is quite clear: no governing body, of any political persuasion, can long keep from debasing the coin (adulterating Gold or silver with base metals), or even more cynically, replacing it with pieces of paper. Money is far too important to be left in the hands of governments.
As it is undeniable that people should be free to choose the goods that they do or do not wish to purchase, so it is equally valid that they be allowed the freedom to use the money of their choice. A situation where people voluntarily exchange will always be not just more efficient, but more moral. There is every reason to believe that under such a scenario people would again choose Gold and silver.
The only thing that stops humanity from achieving unimaginable levels of prosperity is control of the money supply by governments. Eventually, as with the straw and the camel, the ever-greater debasement of money breaks the back of society and it collapses. It is not hard to understand. The fall of societies is not part of any mystical or natural cycle; it is the consequence of allowing governments the monopoly right to adulterate or synthesize money.
The history of societies, exemplified by, but not limited to, the Roman, Chinese, British and American, shows clearly that they rise through the circulation of Gold, and the ingenuity and productivity of their people, and then fall through the destructive monetary policies of their governments.
(Extracted from Dawn of Gold)