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Question about the gold, the Fed, and the Treasury

Some plans I've seen for a return to sound money involve totalling the gold held by the government and dividing it by the number of FRN dollars outsanding in order to find the value of the specie-backed dollar. I have a few questions about this: 1) Does the Federal Reserve own gold? Or does only...

Posted to Economics Questions by Jason Dean on Fri, Oct 26 2007

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