The Federal Reserve, the central bank of the US, prints paper currency out of nothing which devalues the dollar. If the dollar was backed by gold, the Fed would not have this excessive power. Is it time to return to a goldstandard? Find out in part 3 of my interview with Fr. Robert Sirico, president of the Acton Institute and author of Defending the Free Market: The Moral Case for a Free Economy.
Disclaimer: The financial and political opinions expressed in this interview are those of the guest and not necessarily of Unconventional Finance or its staff. Opinions expressed in this video do not constitute personalized investment advice and should not be relied on for making investment decisions.