John Skar is an actuary with more than 30 years of senior management experience in US and international life-insurance industries.
Articles by John R. Skar
Requiring that citizens track transactions in gold or alternative currencies and pay taxes on gains and losses relative to the dollar is just another mechanism for keeping the monetary playing field unbalanced in favor of government fiat.
“Money” lacks a standard definition. In his 2014 book Dawn of Gold: The Real Story of Money, Gold Standard Institute President Philip Barton defines money as a “store of stable value,” and it is this stable value that separates gold from everything else that aspires to be called money.