The gold window and the federal spending spree

posted by
August 16, 2011
Future of Freedom Foundation
by Jacob G. Hornberger  
Posted in Commentary

"Given the 40th anniversary of President’s Nixon’s 'closing of the gold window,' we shouldn’t forget the role that such action had in enabling the federal spending spree that has been going on for decades. Let’s go back, first of all, to the first 140 years or so of American history, when the official money of the American people consisted of gold coins and silver coins." (08/16/11)

http://www.fff.org/blog/jghblog2011-08-16.asp  

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