“In focusing on raising interest rates to cool inflation, central banks and governments have overlooked the importance of maintaining stable currencies, said Steve Forbes, chair of Forbes Media.”
USAGOLD note: Forbes looks to gold as a solution for the problem of unstable currencies suggesting that the dollar be tied to gold so that it has a fixed value. “Gold,” he says, “holds its intrinsic value better than anything else on earth … gold is not perfect as a stable value but it is better than anything we have found in over 4,000 years.”
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