Friday, February 13, 2009
GOLD ARTICLE IN THE WALL STREET JOURNAL
Capitalism Needs a Sound-Money Foundation
Let's give the Fed some competition. Abolish legal tender laws and see whose money people trust.
By JUDY SHELTON
Let's go back to the gold standard.
If the very idea seems at odds with what is currently happening in our country -- with Congress preparing to pass a massive economic stimulus bill that will push the fiscal deficit to triple the size of last year's record budget gap -- it's because a gold standard stands in the way of runaway government spending.
http://online.wsj.com/article/SB123440593696275773.html
Article recommended by Jacob Hornberger at FFF.org
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