For too long the currency of the United States of America has essentially been debt.
Nearly all governmental savings/pensions/etc are denominated in TBills and the amount of these bills outstanding has grown so large that it now costs us more than $200B a year to service this debt--by many estimates it could cost us as much as $500B/yr in debt service by 2015.
Between 1933 and 1934 during the height of the Great Depression one of the most effective strategies that FDR pursued was a repeg of the Dollar from ~$20/oz to $35/oz. This essentially had the effect of reducing the debt burdens of everyone by about 1/2.
Today you could do roughly the same thing while simultaneously eliminating the national debt and its cost of service by simply paying the whole thing off tomorrow.
Please do.



