What can be realistically done to balance the power of the Federal Reserve?
Barker: I sincerely believe that Digital Gold Currency (DGC) will balance the Fed; it’s coming. The Internet has met gold and secure vaults in Switzerland, London or New York and we’re going to have international currency. It’s interesting that for the first time in 20 years central banks are no longer selling gold, they’re holding it. I think what we’re effectively seeing is the development of the world’s second reserve currency. You’re going to see DGC combined with the Internet to see some very interesting dynamics in the currency market. I can actually see Fort Knox being turned into a Digital Gold Currency bank before this crisis is over with independence from the Federal Reserve and run by the U.S. Treasury. So if you had a central bank that had only a price stability mandate and actually maintained higher reserve requirements and didn’t juice the system, and if you also had a competing Digital Gold Currency system, it would make for a very interesting world and I think it’s wher
