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Should the U.S. Return to the Gold Standard?

Should the U.S. Return to the Gold Standard?

In the 2008 presidential primary season, candidate Ron Paul highlighted the gold standard as a major part of his campaign, prompting many Americans to ask: What is the gold standard? In short, the gold standard dictates that the value of our currency is determined by the value of gold. In such troubled financial times, would a return to the gold standard bring us back to a strong and stable economy, or usher in yet another economic disaster?

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Yes
Donald Luskin

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Donald LuskinUS

- CNBC Contributer

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No
Dr Randall Parker

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Dr. Randall ParkerUS

- East Carolina University

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Latest Comments

Ricardo
Wrong too

What do you want the gold for? You want it for exchange purposes, don't you. That means you need to barter your gold against something considered acceptable for your... Read More

- Ricardo | January 4, 2009 4:37PM

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    Donald Luskin
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