WAYNE ANGELL

Our system works best if the value of money stays the same.

Our [the Federal Reserve Board] job is to make sure that the money is kept as scarce as it would be if it were backed by gold.

We have not been among the premier world savers and as a result we own less than we might.

Our [the Federal Reserve Board] job is to make sure that the money is kept as scarce as it would be if it were backed by gold.

Our system works best if the value of money stays the same.

We have not been among the premier world savers and as a result we own less than we might.