Gold Standard

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.

Gold historically has not been money by government fiat. Instead, gold has been the natural choice of people for money, something governments cannot undo (despite its best efforts).

Gold historically has not been money by government fiat. Instead, gold has been the natural choice of people for money, something governments cannot undo (despite its best efforts).

The current bout of inflation is the latest disaster in a string of disasters caused by government debasement of once sound money.

The current bout of inflation is the latest disaster in a string of disasters caused by government debasement of once sound money.

"Most of the advocates for tender laws are those who have debts to discharge, and who take refuge in such a law, to violate their contracts and cheat their creditors."

Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.