The Gold Standard

I don't have much time to write, since I'm at work, but I thought that I would post this.

So, apparently Russia is pushing to move back to the gold standard for currency (link). China is somewhat on the same page. I can't say that the idea scares me too much, in fact, I think it could be a really good thing. Just looking at the history of the Federal Reserve -how it came about and how it functions- makes it look like one of the shadiest systems ever invented. The thought of going back to something that at least has some intrinsic value (and a somewhat limited supply) could be a very good thing for world economic stability.

Farewell to an Old Friend

I said goodbye to an old friend this last weekend. We had been friends for 27 years. The relationship we had was a funny one. We weren't always on the best of terms. In fact, I often didn't know what to think of her. We had our arguments, our falling outs, our disagreements. After 27 years of an up and down relationship, I decided to finally end things. Right now it is hurting me too much to keep holding on. She lost my trust. I tried to regain it for her, but she kept giving me more and more reasons to keep it lost. The decision was a long time coming and I finally reached a breaking point. I am sure that I will still visit her every once in awhile, and many of my other friends are still friends with her, so I will still see her around, but it can never be the same between us. It will never be the same as it once was.