Asserting that gold doesn’t compete with the dollar as money, Powell pretended ignorance of the U.S. government’s extensive and decades-long efforts — through laws, policies, and market interventions — to minimize gold’s role in the international financial system, precisely to defeat the monetary metal’s competition with the dollar. Documenting the U.S. government’s open and surreptitious efforts to defend the dollar against competition from gold has been the bulk of the work of the Gold Anti-Trust Action Committee (GATA) for more than 25 years (See here and here). https://activistpost.com/2024/12/fed-chairmans-brazen-lies-about-gold-go-unchallenged.html