Gold Standard More Popular than Federal Reserve For Good Reason

Janet Yellen
At the Jackson Hole Economic Summit the American Principles Project demonstrated that the people can’t be fooled in the long term by monetary magic forever. In a national poll by McLaughlin & McLaughlin 1,000 respondents were asked if they would support the Gold Standard in the United States. 39% replied yes, 15% replied no, and 46% were undecided. That is more than a 2:1 ratio for favorability.

These results and the margin between approve and disapprove are better than recent polls on the Federal Reserve or its recent leaders as shown in recent Gallup polls over the last two years: Negative on the Fed and its leaders are very high, while negatives on Gold are very low.
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Jackson Hole: Fed Dithers But Left & Right Agree on Improving Economy

Federal Reserve Vice Chair Stanley Fischer speaks during a CNN Debate on the Global Economy in Washington, DC, October 9, 2014, ahead of the International Monetary Fund (IMF)/World Bank meetings. AFP PHOTO / Jim WATSON (Photo credit should read
Jackson Hole — This town in Wyoming just hosted three economic events: The Federal Reserve Bank of Kansas City’s annual Jackson Hole retreat and two others to respond to the Fed’s mismanagement the economy: the Fed Up group, demonstrating against increasing interest rates, and the American Principles Project (APP).
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