Former Presidential Advisor Says This Will End In Tears And Gold Will Reenter Monetary System

Friday, March 11, 2016
By Paul Martin

KingWorlNews.com
March 11, 2016

Today former Presidential advisor Larry Lindsey warned King World News this will end in tears and gold will reenter the monetary system.

Eric King: “You mentioned about the Fed and the right way to take back control of our money — can you talk about that?”

Larry Lindsey: “Yes. One of the things on my resume is that I was a Fed Governor for 5 1/2 years. And if you look at our history and the history of a lot of other countries, we tend to alternate between paper money and specie like gold…

Larry Lindsey continues: “The reason is that both have advantages and both have disadvantages, and in 1913 they created the Fed and they tried a hybrid. They tried to link the dollar to gold, but that went away and Roosevelt confiscated the gold. Nixon refused to give the gold to foreigners, so now we’re on pure paper money.

The Rest…HERE

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