Friday 23 July 2010

Gold: The savior for workers and company


when I saw this morning news on local TV station, there's one news that disturbing my minds. The news is about demonstration. it seems only an ordinary demonstration because everyday people express their opinion about political issue, economic issue and another issues through this classic way. one that make me interested in this news because the demonstration was done by a factory labors to ask their company to rise their wages which is still in the same amount after 5 years. The company where they work states their objection to fulfill the labor's demand because the company financial condition is can not afford it. The result is labor strike. In this case both parties will gain loss.

The case will be different if the company pays its workers by gold or silver or at least by gold and silver standard. Gold as well as silver has been proven able to survive in any world's worst financial condition, depression, and inflation. If the company pays the labor with gold or silver, it no needs to check and adjust between the salary and the rate of inflation. So the rise of salary happened only if someone get higher position with higher responsibility.

The problem is to make this come true since the company also related with other business entities that not put their payment standard on Gold or silver or other goods with "real" value. If this solution is not implemented, tomorrow and in the future the demonstration on the same issue will be happened, again and again.

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