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Re-establish a hard asset standard for the U.S. dollar (e.g., gold, silver, etc.).

Created by T.W. on November 15, 2012

The removal of a hard asset standard backing the U.S. dollar has allowed for monetary policy to speculatively manipulate currency value and interest rates rather than utilizing the benefit of market forces. This process has led to inflation and eventually may lead to hyper-inflation. Such money policy speculation is a major contributor in the creation of market bubbles (e.g., dot-com bubble, house bubble, and now stimulus bubble) by distorting the valuation of assets and creating a false definition of wealth based on borrowing and consumption rather than production and savings.

Re-establishing a currency anchor will prevent the Federal Reserve from artificially manipulating currency value and interest rates and provide additional stability to the U.S. currency within the global market.

Economy & Jobs
Government & Regulatory Reform
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