Pro to the question "Should the United States Return to a Gold Standard?"
"A new gold standard is crucial. The disasters that the Federal Reserve and other central banks are inflicting on us with their funny-money policies are enormous and underappreciated. An unstable dollar is wreaking havoc on our capital markets, depriving us of money for productive enterprises and future enterprises while subsidizing government debt on a scale never before seen in U.S. history. The zero-interest-rate policy destroys capital by punishing savers and enabling the central bank to allocate where capital goes...
What the Fed is doing through its binge buying of bonds is enabling Washington to consume our national wealth. Instead of creating new wealth we are beginning to destroy that which exists. No wonder tens of millions of people feel - rightly - that their real incomes are declining and their financial situations are coming under more pressure. In real terms the stock market is lower today than it was in the late 1990s, and even in absolute terms it still isn’t where it was in 2007.
Can we move forward on a gold standard before a real catastrophe à la the 1930s results?...
Currently the federal government wages a virtual jihad against any attempt by individuals or companies to create gold-based monetary instruments for commercial transactions...
The combination of getting a serious debate on the gold standard going and sweeping away our legal tender laws barring competitive domestic currency would hasten the day that we’ll once again have a gold-based currency like that which did our country so much measurable good for 180 years."
"Gold Can Save Us from Disaster," forbes.com, Oct. 22, 2012
Experts Individuals with PhDs or equivalent advanced degrees in fields relevant to the gold standard. Also top-level government officials (such as foreign leaders, US presidents, Founding Fathers, Supreme Court Justices, members of legislative bodies, cabinet members, military leaders, etc.) with positions relevant to the gold standard.
Involvement and Affiliations:
Chairman and Editor-in-Chief, Forbes Media, 1990-present
President and Chief Executive Officer, Forbes, 1990-present
Editor-in-Chief, Forbes magazine, 1990-present
Member, Board of Directors, FreedomWorks Foundation
Member, Board of Directors, National Taxpayers Union
Member, Board of Directors, The Ronald Reagan Presidential Foundation
Membr, Board of Trustees, Heritage Foundation
Member, Board of Directors, The Foundation for the Defense of Democracies
Member, Board of Overseers, Memorial Sloan-Kettering Cancer Center
Member, Board of Visitors, School of Public Policy, Pepperdine University
National Co-Chair and Senior Policy Advisor, Rudolph Giuliani's presidential campaign, 2007-2008
Former member, Board of Trustees, Princeton University
Former Chairman, Board of Directors, Empower America
Former Honorary Chairman, Americans for Hope, Growth and Opportunity
Republican presidential candidate, 1996, 2000
Chairman, Board of International Broadcasting, Radio Free Europe and Radio Liberty, 1985-1993
He holds honorary degrees from Lycoming College, Heidelberg College, Iona College, Kean College, New York Institute of Technology, Lock Haven University, Westminster College, Francisco Marroquin University (Guatemala), Sacred Heart University, Centenary College, University of Rio Grande (OH), Pepperdine University, Lynn University, Lehigh University, New Hampshire College, Siena College, Universidad Espiritu Santo (Ecuador), Lincoln College, New Bulgarian University, Spring Arbor University, Seton Hill University, Raritan Valley Community College, and Caldwell College