Spotlight: The Fed's Best Weapon To Fight Inflation Is Gold: Why Won’t The Fed Use It?

The Fed says its actions on Wednesday show it’s now serious about fighting inflation. The trouble is, it won’t use the best weapon possible: gold. Steve Forbes on the Fed’s continued battle with inflation and on how the central bank won’t even consider our most formidable, reliable, time-tested tool to keep the dollar stable in value, a gold standard. Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.