Has Paper Currency Failed America?
Chart: U.S. Dollar 1913 to 2012
Throughout the centuries gold has been crowned the currency of “Captains and Kings” and if the GOP has it’s way, it will again become the standard for the US dollar. The US dropped the gold standard in 1971, under Richard Nixon. At the Republican National Convention, the platform committee called on Congress to establish a “gold commission” which would examine whether or not to restore the country to the gold standard.
Lew Lehrman, author of “True Gold Standard” believes that in order to preserve America’s economic prosperity,