To answer Tom's question the following link talks about one way of returning to a gold standard. It' also got a good recount of how we got here.
http://www.realclearmarkets.com/articles/2008/12/how_to_return_to_a_gold_standa.html
http://www.realclearmarkets.com/articles/2008/12/how_to_return_to_a_gold_standa.html
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