Contrary to Vinik’s assertion, Rand Paul has never, to my knowledge, stated his position on the gold standard.  And our current regime is not monetarist; it is fiduciary.

Ralph Benko, internationally published weekly columnist, co-author of The 21st Century Gold Standard, lead co-editor of the Gerald Malsbary translation from Latin to English of Copernicus’s Essay on Money, is American Principles in Action’s Senior Advisor, Economics.