Writes Ralph Benko: Considering the distinguished witnesses being called — former Reagan Gold Commissioner Lewis E. Lehrman, with whom this writer has a professional association, James Grant, publisher of Grant’s Interest Rate Observer, and Joseph Salerno, Chair of the Economics Graduate Program at Pace University – these may be the most important monetary hearings to be held on Capitol Hill since the Nixon Shock that “temporarily” closed the gold window in 1971. Read the whole article.
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