CNBC/Su-Lin Tan/9-26-2022
“In focusing on raising interest rates to cool inflation, central banks and governments have overlooked the importance of maintaining stable currencies, said Steve Forbes, chair of Forbes Media.”
USAGOLD note: Forbes looks to gold as a solution for the problem of unstable currencies suggesting that the dollar be tied to gold so that it has a fixed value. “Gold,” he says, “holds its intrinsic value better than anything else on earth … gold is not perfect as a stable value but it is better than anything we have found in over 4,000 years.”
