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Friday, June 17, 2011

Back to The Gold Standard

The power of Gold we should return to the Gold Standard and to a dollar as good as gold , the biggest problem we have is the inflation says Lew Lehrman chairman of the Lehrman institute he discusses with judge Napolitano how the GOP 2012 POTUS candidates are doing a bus tour about a return to the gold standard and why it's so important to be an issue in the campaign.Inflation not only destroys people's savings but cause people to lose their jobs , cash is gold according to constitution says Lew Lehrman the founders money was the precious metals primarily Gold a dollar as good as gold the dollar was defines as a weight unit for gold , since 1971 when Nexon suspended the convertibility the dollar has lost 80 percent of its purchasing power


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