The Great Reinflation
Jan 7th, 2009 | By Ed Bugos | Category: Featured, Gold, Macro Economics, Oil
Responding to growing concern about the quality of the Federal Reserve System’s assets, former Federal Reserve Governor Lyle Gramley told reporters last week that “You have to reckon with the fact that one of the Fed’s assets is gold certificates, which are priced, as I remember, at US$42 an ounce, ...read more
