Tuesday, February 21, 2017

Ryan McMaken — Alan Greenspan Admits Ron Paul Was Right About Gold

AG: I view gold as the primary global currency.
OK, we got that cleared up.

Remember that Alan Greenspan said that central banks operate "as if" on a gold standard. He had also said that gold is the premier currency.

Mises Dailies

1 comment:

Footsoldier said...

Paul Volcker was brought in as chairman of the Federal Reserve, and he raised the Federal Fund rate to 20% to stem the erosion [of the dollar's value during the inflationary 1970s]

There you go !