Sound Money, Gold Fever, and Crackpot Ideas

``The editorial's primary argument against Hilton's bill was in regards to volatility of the price of gold, measured in dollars. The irony of that logic is that price volatility of nearly everything is a result of boom-bust cycles caused by the Fed itself. There was little volatility in the value of gold or what it could buy until we had a Fed. It is governments and paper money that create volatility.''