An Open Call To The Austrian School

Dear Austrian Schoolers,

I've been trying to clarify what the Austrian School proposes as its monetary system, but for some reason, I cannot find the answer anywhere ?? (and please... no economic lessons right now. I am only confused about your monetary policy).

I cannot fathom why this is so difficult, nor so obfuscated by Mises and his adherents. Yet I have yet to receive a coherent answer.

I do know you like a gold standard to back your currency, but I do not know what you would use to buy the gold?

I do know you are against fiat money, but what money isn't? Or are you suggesting the use of gold & silver & copper coinage only, (surely this cannot be!).

Re. Fiat money, are you suggesting our current system uses such? If so, this is factually incorrect, (except for about 5% of our money supply - cash money).

Truth is, we do not create money "out of thin air" at all - fiat or otherwise. We create only debt-money, (that can never be re-paid). As such, 95% of our money is created as debt.

It's not really a question of too much debt or too little -
it is all debt from the get-go!

Why do you ignore this most important of all realities?

I have no problem with your being against fiat currency per se,
(well... in fact, I do, but we'll leave that issue for another day),
but that has nothing to do with what our money currently is - it is all debt, and to obfuscate such is totally missing the point, misleading, and downright wrong.

Why do you call "The Fed" a Central Bank when it is clearly a private banking cartel masquerading as such?

And for all you Ron Paul fans out there, one final question...
how can anyone with any degree of integrity have more loyalty to a hyper-corrupt political party than to his disintegrating country, his children, his grand children, and his supporters? (who gave him $millions).

Austrians are always lambasting fiat money and The Fed, yet we create no "money" whatsoever and have no central bank - I just don't get it??

Should I be lucky enough to have anyone out there land on this page -
PLEASE HELP!!

Looking forward to some clarity on the subject,

Howg