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Friday, May 13, 2011

Forbes: Return to Gold Standard Within Five Years

“When it comes to exchange rates and monetary policy, people often don’t grasp” what is at stake for the economy, Forbes said. By restoring the gold standard, the United States would shift away from “less responsible policies” and toward a stronger dollar and a stronger America, he said. “If the dollar was as good as gold, other countries would want to buy it.”

Read the full story here:

http://www.thenewamerican.com/economy/markets-mainmenu-45/7465-forbes-return-to-gold-standard-within-five-years