How a Gold-Backed Bond <br>Could Open an Avenue <br>To Monetary Reform
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
Global financial markets are being whipsawed from one day to the next as we get closer to the Federal Reserve’s fateful decision on interest rates. Maybe everything will calm down on September 17 once investors learn that Fed officials have decided they’re finally going to raise interest rates by one-quarter of a percentage point after nearly seven years of keeping them near zero.
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