Wednesday, June 5, 2013
U.S. States Push to Bring Back Gold Standard
More than a dozen states have introduced laws to recognize gold as legal currency. If the bill gets the governor's signature, Arizona will be the second state to legally consider gold as legal tender. Supporters of going back to the gold standard say the system is preferable to the Federal Reserve and Ben Bernanke's monetary policies. On the 80th anniversary since the Gold Standard in the U.S. was abolished, RT Correspondent Liz Wahl reports on the rush get back to gold.
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