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Herman Cain for the Fed?
Once again, Trump has picked the least qualified person for an important federal job. Trump's nominee for the Federal Reserve Board, Herman Cain, wants to back our money supply with gold. Michael Hiltzik of the Los Angeles Times explains why competent economists, both Liberal and Conservative, agree that going back to the gold standard would be a terrible mistake.
https://www.latimes.com/business/hiltzik/la-fi-hiltzik-herman-cain-trump-gold-standard-20190405-story.html?fbclid=IwAR0zteNhUjGcFavh1Xd461uWbjyO10oaMx3XAJCRzW1XtlTxQARnp04rpNU
