The Hard Truth of Hard Money

04/13/2011
       

Free banking or central banking? Hard money or fiat money? These questions of monetary policy have been part of the national debate since the founding of the country, fortunately however, there always emerged those, such as Andrew Jackson and Grover Cleveland, to restore a sound money policy of gold and silver as legal tender and no central bank.

Free banking or central banking? Hard money or fiat money? These questions of monetary policy have been part of the national debate since the founding of the country, fortunately however, there always emerged those, such as Andrew Jackson and Grover Cleveland, to restore a sound money policy of gold and silver as legal tender and no central bank. To learn more about the monetary history of the dollar and central banking in America click here to read an article by Patrick Krey of The New American magazine.

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