David Frum

05.19.129:50 AM ET

Debating the Gold Standard

Gold bars weighing one ton are on display in a vault at the Czech Central Bank in Prague, Czech Republic. The price of gold set a new record on Monday, Aug. 22, 2011,  soaring as high as 1,895  US dollars (1,313 euro)  an ounce, as investors anxious about the uncertain global economy continued to snap up the precious metal. (AP Photo/Petr David Josek)
Petr David Josek / AP Photos

Noah Kristula-Green recently debated Charles Kadlec about the problems with the gold standard and why we need a Federal Reserve. Kadlec is the co-author of The 21st Century Gold Standard: For Prosperity, Security and Liberty.

The debate took place on Take Action News with David Shuster which you can hear on We Act Radio.

The debate will be running today from around 12:20 pm to 12:45 pm (Eastern Time). You can listen to it on weactradio.com as well as on 1480 am (if you are in Southeast DC, Southern Maryland and Northern Virginia). It will also be airing in Chicago on WCPT, Chicago's Progressive Talk, at 5:20.

Finally, if you can't listen to it live, it will be available for free on iTunes tomorrow.