There is abundant empirical evidence that the world economy will create many more jobs with its currencies convertible into gold than with paper money.

FORBES: The Grave Economic Consequences Of Money For Nothing

In addition to all of these tax issues, the U.S. in the early 1930s was on a gold standard where paper currency was legally convertible into gold.

WSJ: Arthur B. Laffer: Taxes, Depression, and Our Current Troubles

The company, which makes screens for Apple's iPad and iPhone, needs to shore up cash to roll over as much as 360bn yen of short-term commercial paper and will need another 200bn yen to cover a maturing convertible bond in September 2013.

BBC: Sharp shares rise amid hopes for further restructuring