Ben Bernanke, the chairman of the Federal Reserve, said today that a gold standard won’t fix the economy. He said it would limit the government’s ability to manage the economy.
I can see why such a thing would be a preposterous idea, since the government’s manipulation had brought on the real estate bubble and current recession and pending depression. Can’t have the government not be able to muck it up. People might forget to be dependent. And then politicians might have to find a REAL job.