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Keating: The Danger of Multi-Tasking at the Fed

Posted: August 26, 2014

By Maryann O. Keating, Ph.D. The belief in tons of gold in Fort Knox backing the U.S. dollar is an illusion. There is absolutely no commodity backing for the dollar, either gold or silver or anything else. The dollar is accepted on faith; it is a “fiat” currency. This means that individuals accept the dollar Read the full article…

 

Filed under: Indiana Writers Group
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