Tuesday, March 4, 2025

Tag: Rep. Mooney’s Bill Would Restore Gold Standard

Rep. Mooney’s Bill Would Restore Gold Standard, Disclose Gold Transactions

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    by Chris Powell, Gold Seek:

    Congressman Introduces Gold Standard Bill as Inflation Soars

    From Money Metals News Service, Eagle, Idaho
    Saturday, October 8, 2022

    WASHINGTON — America’s currency would regain stable footing for the first time in half a century if a bill just introduced by U.S. Rep. Alex Mooney, R-West Virginia, becomes law.

    Referred to as the “Gold Standard Restoration Act” by sound money activists, H.R. 9157 calls for the repegging of the Federal Reserve note to gold in order to address the ongoing problems of inflation, runaway federal debt, and monetary system instability.