We're not experiencing Capitalism. The banks control the GOV. We're beyond the free market. Stop blaming Capitalism. You sound like a dummy.... but I actually really like you BR..... we just disagree on this subject.
I said this to Yamoto. You should try a little harder to understand the real nature of reality and specifically the nature of human society. Every social convention, including money, is a consensual bargain between the parties and the nature of the rules of that social contract are completely arbitrary and subject to agreement between the parties.Gold is no different - and more importantly MONEY is no different. It is your mistake to believe that the value we place in Gold is anything but a figment of your imagination which you just so happen to share with a lot of other people.
The point of all this is, when you have demystified this magic substances money and Gold, you are free to think about the real function of money and devise a system which doesn't share the flaws of either fiat currency or Gold. People have been doing that for hundreds of years and there are plenty of good ides to choose from. We don't change because the current system is extremely profitable for those who control it, and Gold offers the illusion of predictability and again the ability of a small cartel to control the bulk of the world Gold supply.
Personally I don't choose to make a bad choice between one flawed system and another - I would rather investigate the possibility of using a system which actually for-fills the needs we have in money.