Bernake Says Gold Standard Not the Solution

Reuters reported that Federal Reserve Chairman Ben Bernake believes a return to a gold standard won’t solve economic woes.

As quoted in the market news:

Bernanke spoke in the first of a series of four public lectures at George Washington University that is the central bank’s latest effort to counter a raft of negative public sentiment that has arisen from its handling of the financial crisis.

Click here to read the full Reuters report.