Gold Standard

Ending the string of economic crises that have occurred the past two decades will happen only when economies can depend upon sound money.

The Act gave the secretary of the Treasury the power to require all individuals and corporations to hand over all their gold coin, gold bullion, or gold certificates if in his judgment "such action is necessary to protect the currency system of the United States."

Ending the string of economic crises that have occurred the past two decades will happen only when economies can depend upon sound money.

While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.

Falling prices ultimately lead to an increase in savings and to the creation of new wealth.

At a time when inflation once again ravages the dollar, we recall Murray Rothbard's wisdom in his article "The Case for a Genuine Gold Dollar."

The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.

At a time when inflation once again ravages the dollar, we recall Murray Rothbard's wisdom in his article "The Case for a Genuine Gold Dollar."

The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.

While we speak of a desire for honest money, the larger problem is that the Federal Reserve System cannot coexist with an honest money regime.