CFR official: Gold is the world currency of the future
In his presentation to this month's New York Hard Assets Investment Conference, Benn Steil, senior fellow and director of international economics for the Council on Foreign Relations, predicted that gold may return as the international currency and argued that even the nation now issuing the international reserve currency, the United States, might be better off for it.
Resource Investor has posted Steil's presentation (in audio and text transcript form) "Is The Dollar Doomed?" to the New York conference, including the charts he used, HERE
Resource Investor has posted Steil's presentation (in audio and text transcript form) "Is The Dollar Doomed?" to the New York conference, including the charts he used, HERE
Labels: FED, fiat money, financial crisis, gold, gold standard, inflation
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