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Why Do The Fed And Powell Hate Gold & The Gold Standard?

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Powell was asked a question about #gold and the #goldstandard, which conveniently left out #silver. Why does the #Fed hate gold? Tune-in to find out why!

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US Constitution (via US Senate) Link: https://www.senate.gov/civics/constitution_item/constitution.htm#a1_sec8
https://www.usmint.gov/learn/history/historical-documents/coinage-act-of-april-2-1792

Exchange Stabilization Fund (via US Treasury) Link: https://home.treasury.gov/policy-issues/international/exchange-stabilization-fund

Coinage Act of 1792 (via US MInt) Link: https://www.usmint.gov/learn/history/historical-documents/coinage-act-of-april-2-1792

US Dollar Purchasing Power (via the Fed) Link: https://fred.stlouisfed.org/series/CUUR0000SA0R

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