If Rothbard is correct, the entire basis of modern deposit banking, the fractional-reserve system, is a type of counterfeiting that must be abolished. Under present arrangements, "the Fed has the well-nigh absolute power to determine the money supply if it so wishes" (p. 144). In response, the Federal Reserve System must be liquidated and the gold standard restored "at one stroke"
"In response, the Federal Reserve System must be liquidated and the gold standard restored 'at one stroke'"
One real problem with that is that the economy can't expand naturally (added value, more labor, higher efficiency, etc. mean economic expansion in the form of more money in the economy), and is subject to the amount of gold that is present at any given moment. Gold has no more right to define what money is than anything else that has been used as money (salt, coconuts, cattle, seashells, etc.). Money is actually an abstract conception. Problems arise when people equate monetary possession with self-worth, and they try to change the economy to something in their favor (people that own gold want a gold standard economy) in order to improve how they feel about themselves or think they are perceived by the rest of society.
Your last statement is the stupidest thing I ever heard. The Gold standard is to reign in endless deception and greed. We need to end the Federal reserve. It's that simple! We don't need the new world order that is being set up for us. We didn't have the revolution of 1776 to go and have the bankers and elite rule us. This is why we fought England in the first place. Those who think they are smarter and wiser than the rest of us, to make us slaves. I for one think your a stooge for the bankers. What nonsense........