Economist Editors Discuss Gold, Debt, and the Dollar
Philip Coggan and Andrew Palmer of The Economist discuss the dollar, inflation, the possibility of QE3, and the morality of national debt. Readers of the magazine may be familiar with Coggan from his weekly Buttonwood column, in the finance/econ section.
Coggan mentions that if the US were still under the Bretton Woods system, gold may be valued as high as $6300. That's quite close to John Williams alternate inflation-adjusted high of $7150, interestingly enough.+7
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