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Wednesday, May 11, 2011

Forbes Predicts U.S. Gold Standard Within 5 Years - HUMAN EVENTS

Forbes Predicts U.S. Gold Standard Within 5 Years - HUMAN EVENTS: "A return to the gold standard by the United States within the next five years now seems likely, because that move would help the nation solve a variety of economic, fiscal, and monetary ills, Steve Forbes predicted during an exclusive interview this week with HUMAN EVENTS.

“What seems astonishing today could become conventional wisdom in a short period of time,” Forbes said.

Such a move would help to stabilize the value of the dollar, restore confidence among foreign investors in U.S. government bonds, and discourage reckless federal spending, the media mogul and former presidential candidate said. "

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