Not sure if Hoenig talking about the gold standard had been mention on here on not. KWN interviews Rickards on the subject in this blog. http://kingworldnews.com/kingworldn...old_Standard_Coming,_Feds_Hoenig_Correct.html and related reuters post http://www.reuters.com/article/idUSTRE7044L620110105
I hope we see more talk of a gold standard developing. Touches on Hume's price specie flow mechanism. http://www.forbes.com/2011/01/10/go...ns-contributors-jeffrey-bell-rich-danker.html