Top Pro & Con Arguments
Many politicians, businessmen, and organizations support the return to a gold standard.
Judy Shelton, PhD, MBA, Trump Administration economic advisor and 2020 nominee to the Federal Reserve Board, argued that returning to a gold standard is an “opportunity to secure continued prominence in global monetary affairs.” 
Alan Greenspan, PhD, former Chairman of the US Federal Reserve, called the gold standard “the primary global currency.” 
Ron Paul, MD, former US Representative (R-TX) made the return to a gold standard a central focus of his political career, arguing that government creation of fiat money is “morally identical to the counterfeiter who illegally prints currency.” 
Steve Forbes, Editor-in-Chief of Forbes, argued that a “new gold standard is crucial,” to save the country from a “crisis that would be even worse than 2008.”  
Many organizations support a return to a gold standard including the American Principles Project, the Lehrman Institute, and several economists of the Austrian school affiliated with the Ludwig von Mises Institute.   Read More