- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Financial ServicesIntroducedMarch 22nd, 2018
- house Committees
By going back on the gold standard through linking the dollar’s value to gold the U.S. economy would experience strong growth without the risk of inflation or bubbles that are caused by the Fed’s mismanagement of the money supply.
Linking the value of the dollar to gold wouldn’t guarantee financial or economic stability for the country as the price of gold would still fluctuate. The Fed’s alterations to the money supply help stabilize interest rates and inflation.