Reply #10: I'm stupid. Can you enlighten me about something?

[Gregorian]

First, I posted this because Max Keiser is pretty much ecstatic about it. He seems to be rather bright about markets.

But here's what I'm wondering about. Yesterday I finally discovered the purpose of the Fed. My reaction is that we need to get rid of it. After all, we've watered down our economy with practically worthless paper dollars.

What I hear from your reply is that gold has a limitation. I'm guessing it is limited in quantity, while the human race has grown to 7 billion. What is the alternative to gold?

I might add that I read the speech given by G. Edward Griffin regarding the Fed. He's a John Bircher. But his assessment of the fed is factual. Pretty much a fence for the bad checks Congress writes to fund wars, banks, etc.