11:24a ET Thursday, July 11, 2019
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics today scolds Federal Reserve Chairman Jerome Powell for misunderstanding the central bank's role under a gold standard. Under a gold standard, Kranzler writes, the United States would not need a central bank at all. His commentary is headlined "Jerome Powell Fails the Gold Standard Test" and it's posted at IRD here:
http://investmentresearchdynamics.com/jerome-powell-fails-the-gold-stand... [1]
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org [2]
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