September 16, 2013
Counterview: End The Fed? The Gold Standard? Paper Money Has No Value?
There are some who call for an end to the Federal Reserve system and a return to the gold standard, where the U.S. dollar is backed by physical gold. But why is the value of gold different than that of paper money? After all, paper money is physical as well. It’s tangible. You can hold it. You can covet it.