I was encouraged to see professor Noriko Hama's June 30 article, "What gold is telling us about global economy" — about returning to the gold standard: This is one of the first such pieces I have seen out of Japan and I hope the government takes her studies and advice into consideration.
In the United States, Congressman Ron Paul's recent bid for the presidency was based on the wisdom of such a practice and he garnered a solid 10 percent everywhere he was voted on, even after rival Sen. John McCain secured the nomination.
The Islamic world too, under the leadership of former Malaysian Prime Minister Mahathir Mohamad, has begun to consider such a move in the interest of economic survival. The first to do so will be the best served, so I hope Japan will devote its economic acumen in this direction.