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Short term dollar danger cited by Yale economist in Senate hearing
Yale economist Professor Robert Triffin warned the major danger to the dollar is the huge short term claims against U S gold reserves, totaling over a billion dollars beyond the 18 billion in American gold stocks. He urged monetary reform and noted limited IMF steps, while AFL-CIO criticized unemployment trends as official figures misstate the true rate.
MENTIONED IN THIS ARTICLE
Washington
Yale
U. S
Robert Triffin
Senate
House Economic Committee
Triffin
International Monetary Fund
IMF
U. S. Treasury