Changes in money standards, changes in location. The Romans tried EVERYTHING & still the Empire fell because of external population pressures & migration patterns.

The Romans were far too 'exclusive' within the broader framework of growing populations. Populations which used Roman technology but which had their own ideas on sustainability and social robustness. The Romans had Tunnel Vision and saw surrounding population growth as inferior value, which of course proved untrue over the following 2 millenia.

In a very real sense, Sesterces evolved into Dollars, Euros, Roubles, Rupees, Yen and Yuan and all this ultimately represents is a change in population numbers and the markets and the real VALUE they represesent.

The modern global dollar economy is also far too exclusive and it is falling into the same tunnel-vision Clayton's protectionism trap as the Romans. The protectionism you have while your telling everyone you're into free trade.

If the human race is to survive another millenium or even another century it is likely America and the global dollar economy will collapse and become a devalued Asian economic outpost. The new global currency will then represent new evolved values (most likely clean ENERGY units) and Not those values (sexual favouritism) we are forced to negotiate today.

Now, that evolutionary change in money and its true value is historically credible and probably will happen, except for ONE thing:
When Rome went belly-up there were still fertile places on the planet to discover. The Earth was for all intents, an infinite economic medium.

As world populations soar to 9 billion and crucial potential energy supplies become insufficient it is clear this planet is FINITE and far more fragile in terms of livability & sustainability.

Whatever global currency of the future and whatever its true value, it will be very short lived as the human race sexualises itself into a Lemming like oblivion: The USDollar-value EQUALS "access-to-women" & Women are programmed not for EQUAL-rights but for ALL-THE RIGHTS-THEY-CAN-GET including unlimited power-garnering, environment-destroying reproductive rights.

Unless new monetary value includes one-child reproductive restrictions, the Human-race will converge not to a new monetary-value-system but to extinction.

Continued from last night...
But wait!
If I look down (whilst standing directly over the North Pole, with one eye shut), I notice my toes are in front of me. This means my toes must be 'south' of 'me'.
Therefore my heels must logically be 'north' of my toes.
Therefore it must be possible to look north, while standing at the north pole.
All one needs to do, is spread one's legs slightly, bend over and place one's head between one's knees.
Coincidentally, this is the posture I would be inclined to adopt, if you ask me where 'east' is, outside our galaxy.
Bushbasher's answer was more succinct.
Dan, in reply to your question, I have always relied on the ethic of reciprocity (golden rule).
I would suggest 'evil' could be defined as utter selfishness; the evil person is one who feels no sympathy, compassion or empathy for anyone but him/her self. Only their own personal gratification counts.
Strangely, I was actually thinking of psychopaths when I wrote that, not free trade finance capitalists...

read the links;IGNORANCE IS NO EXCUSE
http://www.youtube.com/watch?v=SN9WhFSnkls
YouTube..Economist William K.Black pulls no punches in spelling out who is really responsible for our current economic disaster

alex jones[see after 4 min mark]

http://www.youtube.com/watch?v=7xbCWU67xV4

http://www.infowars.com/the-great-geithner-coverup/Geithner Coverup

Bank of England,Sterling/Government Treason
http://www.infowars.com/bank-of-england-sterling-and-government-treason/
Mike Robinson.The Bank of England was originally set up as a core part of the British Empire/making huge profits from loans to the British East India Company/like imf today
http://www.infowars.com/china-slows-purchases-of-us-and-other-bonds/

http://www.infowars.com/luke-rudkowski-on-russia-today-us-media-doesnt-want-truth/

http://www.infowars.com/dutch-publication-prince-bernhard-was-deeply-involved-in-weapons-trade/

http://www.infowars.com/self-righteous-neocon-republicans-complain-about-dhs-report/
Malkin, Gingrich,Weiner,Hannity and the rest really do not have a problem with government assessments formulated in secret,..so long as they are directed against their political enemies.

http://www.infowars.com/national-guard-on-alert-for-tea-party-protests/

http://www.infowars.com/goldman-sachs-tries-to-shut-down-financial-blogger/
WHY..How did Goldman do it?

Well, as Floyd Norris..chief financial correspondent for the New York Times..explains,Goldman simply didn't report results for December 2008,..a month in which it took huge write-downs...Its easy to look profitable when you can cook the books .

http://www.washingtonsblog.com/2009/04/how-goldman-posted-profitable-quarter.html

http://www.washingtonsblog.com/2009/04/dont-fall-for-old-divide-and-conquer.html
http://whatreallyhappened.com/

It Is Time to Dissolve All Central Banks
http://www.prisonplanet.com/it-is-time-to-dissolve-all-central-banks.html
the Federal Reserve has failed on its own terms..Specifically,it has failed to provide the counter-cyclical/influence on the economy..which is its very justification for existing in the first place.

Scope of Emergency Loan Plans
http://www.prisonplanet.com/fed%e2%80%99s-kohn-dudley-defend-size-scope-of-emergency-loan-plans.html

Federal Reserve’s top policy makers defended the Fed’s emergency lending,..saying the programs won’t cause an inflationary surge or create“significant”risk for taxpayers.

Fannie Mae Exec Chosen to Oversee TARP:White House
http://www.prisonplanet.com/fannie-mae-exec-chosen-to-oversee-tarp-white-house.html
The executive chosen to lead Fannie Mae through a government takeover has been tapped to oversee the $700 billion rescue of the U.S. financial system,
http://www.counterpunch.org/

The international monetary system’s breakdown is underway
http://www.washingtonsblog.com/2009/04/instead-of-bailing-out-mainstream.html

If we believe US leaders and their scores of media experts,China is only dreaming of remaining a prisoner,and even of intensifying the severity of its prison conditions by buying always more US T-Bonds and Dollars.
http://www.prisonplanet.com/summer-2009-the-international-monetary-system%e2%80%99s-breakdown-is-underway.html

OBAMA’S NEW WORLD ORDER?Frightening 150 Page Report into Obama's New World Order.Report is Under Threat of being Taken Offline.Must See Now.
http://www.antichristidentity.com/
http://republicbroadcasting.org/?p=1362
http://republicbroadcasting.org/?p=1358
http://republicbroadcasting.org/?p=1301
http://republicbroadcasting.org/?p=1234
http://republicbroadcasting.org/?cat=8
http://republicbroadcasting.org/?cat=7
http://republicbroadcasting.org/?cat=4
http://republicbroadcasting.org/?cat=6

MONEY WATCH ARCHIVE
http://www.prisonplanet.com/section/money-watch
http://www.haaretz.com/hasen/spages/1079197.htm
Posted by one under god, Tuesday, 21 April 2009 5:39:42 AM

Jefferson, I take your point that Keen doesn't yet have a complete package as yet. But there are things in common, most relevant here being that money (or money substitutes) come out of thin air without relevance to productive use. And that this inevitably leads to asset bubbles.

Re your link to Mises- like Pericles I can't see how going back to the gold standard would work. This might be dumb of me but the distribution of gold around the world is not in ratio to the worth of nations where it is found. After reading Keen I would suggest that money/debt creation be linked to production of goods and services and that the multiplier thru FRD and reserves be severely limited.

This at least would delay and minimize the booms and busts while still allowing for 'robust' entrepreneurial activity.

Grim
I don’t recall anything in the golden rule about using violence or threats of violence to force other people to pay for one’s values and obey one’s opinions. But socialism consists of nothing else.

Palimpsest
Notice how Keen is government-funded, and concludes that the problem has got nothing to do with government, or monetary policy? We only need more of their wonderful economic management, apparently.

You, and I, and government, don’t have to figure out how the gold will get to its end users any more than we have to figure out how shoes, or wheat, or pizzas will. It goes by individuals, not nations.

All we have to do is stop government from stealing the gold, and granting privileges to banks to steal it. While ever government retains the power to issue fiat currency, establish central banks, cartelise the banking industry, inflate the money supply, lower interest rates, suspend redemption on demand, and all the rest of it, the problem will not and cannot be solved by yet more interventionist central government manipulation of banking and money.

Pericles
You seem to be saying that it is desirable but not practical to return to sound money.

But a return to sound money is practical in the sense that it, and nothing else, will fix and prevent the problem permanently.

The biggest impediment to a return to sound money *in practice* is that majority opinion does not understand the issues or the solution. Like Grim, they think that the solution is a slide into ever more fascism!: http://www.lewrockwell.com/orig10/celente2.html

But “That a fact is deemed true by the majority does not prove its truth. That a policy is deemed expedient by the majority does not prove its expediency.”: Mises.

It may be said that a return to sound money would involve great social dislocation. But avoiding that is not an option. The original economic problem is that manipulation of the price of money has caused capital and labour to be diverted, on a massive scale, into producing stuff for which there is no ‘real value’ demand, to use your expression.

And we ain’t see nothin’ yet. Just wait til the US dollar collapses. No government intervention whatsoever can fix this. Bailouts, stimulus packages and so on are nothing but price controls, and can only make it worse.

This all re-proves that it is not open to government to suspend the laws of physics or economics.

The article said that if all the money and money substitutes were divided by the banks’ ounces of gold, it would be $36,000 per ounce. Let’s assume that is right. That does not show the impracticability of returning to sound money. It shows the unsustainability and immorality of the alternative to sound money: continuing the fraudulent interventionist manipulation of the money supply.

At least with a return to sound money, we would be doing all that is humanly possible both to fix the problem as soon as possible and prevent it happening again. No-one remembers the US depression of 1921 because President Coolidge did *nothing* to try to re-bubble the economy, and it was over in a year. Compare that with the depression of 1929 and all the wonderful government interventions to fix it.

The most practical thing we can do is stop believing and spreading what we know to be wrong, and start understanding, explaining and demanding what is true, workable, and just.

There is no need for this problem. The choice is literally between inflation, fascism and increasing chaos; or peace, freedom - and gold. This is a re-run of the 1930s.

Why gold and not oil or pork-bellies? Because oil and pork-bellies make your pockets greasy? Seriously, anything that people freely choose as money is fine, so long as they are not being compelled into it by force or duped into it by fraud as they are now with fiat money.

But if government’s monopoly were abolished, it is highly likely that the commodity to emerge spontaneously world-wide by the common consent of billions of people, would be gold. In the unlikely event it wasn’t, it would still serve the purpose, unlike fiat money