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Fed Chairman Ben Bernanke Bashes Gold Standard In Lecture Series At GWU

Starting today, Federal Reserve Chairman Ben Bernanke will teach a lecture series at George Washington University about the fed’s role in the economy In his first lecture, he spent some time arguing against a return to the Gold Standard, a policy favored by Ron Paul and his legions of student supporters.

In fact, New York Times reporter Binyamin Appelbaum summarized Bernanke’s talk as essentially: “Listen, kids, I know you like this Ron Paul fellow, but there’s something you should know…”

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