Professor Fekete About Gold and the Debt Society – Claudio Grass Global Gold Audio Report December 17, 2015 By alibali on January 10, 2016 in Dog Bone Blog In the 1980’s Antal Fekete, a gold scholar and professor emeritus at Memorial University who is knowledgeable about Kondratieff long wave theory, joined the staff of a California congressman to work on a plan proposing monetary and fiscal reform to the Administration of George Bush Sr. This involved the refinancing of the entire debt of the federal government through issuing gold bonds – that is bonds paying both principal and interest in gold. A similar idea was floated in Germany a few years ago. In this interview, Fekete explains the rationale behind this plan.
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