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Why Gold? explains how our crises of unemployment, business failures, healthcare, bail outs, inflation, federal debt, and big government are intentionally created by the government using inflation, the fractional reserve banking system, and deficit spending (a scheme for the hidden confiscation of wealth) made possible by the Federal Reserve. The Federal Reserve has usurped power and control over our country. The Fed has caused severe boom and bust periods through its monetary policies. Inflation cannot be a permanent policy because it must result in a complete annihilation of the dollar. This country cannot remain free if the Federal Reserve is permitted to exist. Why Gold? explains why the Constitution made only gold and silver money. The gold standard is the best proven method to ensure economic and political freedom for America. Leslie Snyder Bates simplifies the understanding of gold, money, and freedom. Why Gold? offers a plan for economic stability through a successful return to the gold standard. Without returning to the gold standard, Bates asserts, inflation will cost us our freedom and individual rights.
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"The 21st annual Ludwig von Mises lecture series was held in April of 1994. It focused on economics in the classroom and what students are learning about the free market."--Page 4 of cover. Includes bibliographical references
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