End The Fed Poster

The dollar is currently a debt note (IOU). Ending the Fed will back the dollar with something such as gold, rather than an endless stream of paper and ink. A dollar convertible to gold would provide the necessary Federal Reserve discipline to secure the long-term value of middle income savings and to backstop the drive for a balanced budget. The gold standard would terminate the world dollar standard by prohibiting official dollar reserves and the special access of the government and the financial class to limitless cheap Fed and foreign credit. -Lewis E. Lehrman