Larry Parks interviews Lewis Lehrman re TheTrueGoldStandard.org

For more than 40 years, Lewis Lehrman, Co-Chairman of the Gilder Lehrman Institute of American History, has taken a leadership role in promulgating gold as money. Here, he discusses overcoming objections to eliminating paper money, e.g., that we cannot have gold-as-money because: financial markets are inherently unstable and we need paper money to periodically bail […]

Six Reasons Why Promoting the Gold Standard is a Mistake

gold wars cover

Promoting the “gold standard,” even with modifiers such as “classical,” “pure,” “100%” and others, or any monetary regime whereby paper money is “backed by,” “redeemable into,” “pegged to” or in any other way related to gold is a mistake for six reasons: The gold standard is not authorized by the Constitution. The only money authorized […]