[From article]
"[The Fed's] vastly misguided monetary policies are now setting the stage for a new economic and social catastrophe — one that could rival the financial crisis and horrors of the 1930s,” he wrote in the book co-authored by Elizabeth Ames.
Just like many financial conservatives have advised in the past, notably former Reps. Jack Kemp and Ron Paul, Forbes said that economic prosperity can come only if the dollar is linked to gold and not printed willy-nilly at inflated rates.
[. . .]
The book is extremely critical of the Fed, especially former Chairman Ben Bernanke and current Chairwoman Janet Yellen. "The Federal Reserve must stop trying to run the banking system and the economy."
http://washingtonexaminer.com/steve-forbes-link-dollar-to-gold-or-face-great-depression-ii/article/2549231
Steve Forbes: Link dollar to gold or face Great Depression II
BY PAUL BEDARD
JUNE 3, 2014 | 1:14 PM
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