Using the silver standard for the U.S. Dollar may have made goods and services cheaper. The dollar was worth significantly less than gold. But now that gold is our current standard, the U.S. Dollar seems to have reached its limits. At least, that’s what expert economists may think. I however know another way, which is by using diamonds, worth more than both silver and gold combined!
Diamonds can be manufactured. They can be changed, unlike their gold counterparts. The United States government could use and keep natural diamonds as the standard, while they conduct research by manufacturing synthetic diamonds that'll be more fine and precious than the originals. The United States government will eventually create a super diamond, one that's never been created before, a diamond that no other country has, which they can then file a patent for so that no other country could use it! Doing this would secure the U.S. Dollar for generations to come!
How exciting would it be to wake up to find that your money is worth significantly more than it ever has in the history of this country? Knowing that you'll have economic security would be a real dream come true for not only me or my loved ones. For the majority of the population, especially for the poor.
Look, I’ve lived in poverty for most of my life. I know what a lot of you're going through, like that feeling of not knowing if you'll make it through the month. If you'll be able to pay your bills and provide for your family. If the United States government used the diamond standard, we'll have a more stable economy, where our future will be planted in economic security for most of the duration of our lives! The economy wouldn’t collapse because of poor government spending, the government would be able to lower taxes while still protecting public welfare programs. The government officials wouldn’t have a reason to be greedy because our elected and appointed officials would've plenty of money. Greed as an addiction statistically lowers at the moment the U.S. Dollar becomes worth more than the supply and demand of any product or services.
The only thing bad that could come of having a diamond standard is that governments around the globe will try to produce their own super diamond. But, that may be a long shot, especially when they can’t get the funding to patent their currency standard.