Should The Dollar Be Backed By Gold?

"Is the solution to implement a monetary system in which the dollar is “backed by gold”? No! As the Nobel Prize-winning libertarian economist Friedrich Hayek proposed, the solution is to separate money and the state. That means the repeal of legal-tender laws, the abolition of the Federal Reserve, and the end of all governmental involvement in money."

https://www.zerohedge.com/political/should-dollar-be-backed-gold

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