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Hypothetical question : If the US Treasury/ Federal Reserve were to make an announcement saying that the US will never be returning to the gold standard (and fiat currency were permanent), and the Fed would no longer hold gold in its vaults, what would be the impact? What would be the attractiveness...
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Here's a story I just wrote to help explain what the Fed's doing to wreck our economy. Please let me know if it helps. Normal 0 false false false MicrosoftInternetExplorer4 The Three Little Pigs and the Federal Reserve Crisis In their later years, they bought a yacht and sailed the seven seas...