Senate needs to stand up to Trump's Nixonian view of the Fed
Al Hunt, reporter from the Nixon era when the inflation battles began and no more gold convertibility as well as wage and price controls.
But leaving gold was accomplished, the precious metals and commodities market more liquid, the economies better off. By 1982 we were headed straight to 'more normal'. The war ended, we began disinflation, no more world wars.
The debate about Moore and Cain is that they are gold bugs, they want government setting prices in the commodities market. I say leave commodities to the private sector.
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