Mooney Money! How This Rep. Is Reviving a Forgotten Economic “Magic Formula”

This week, Congressman Alexander Mooney (R-W.Va.) put the classical gold standard back into congressional purview with his introduction of H.R. 5404 and his excellent Wall Street Journal op-ed, “Steel and Aluminum? Let’s Talk About Gold.” The op-ed served to introduce the bill to the wider world. Adopting it would make the dollar legally convertible to a fixed weight of gold. Kudos to Representative Mooney for putting forward a bill — modeled after Jack Kemp’s Gold Standard Act of 1984 — to spark an important conversation on across-the-board economic growth. As Nathan Lewis has written for Forbes.com, the “Magic Formula” for

Greenspan’s Big Reveal: The Secret Recipe for Economic Growth

Former Fed Chair Alan Greenspan praises the gold standard in the February 2017 issue of The World Gold Council’s Gold Investor. Therein he makes what may be his strongest statements to date in praise of the gold standard. Here are some of the highlights. Toward the end of this interview he offers a Big Reveal: I view gold as the primary global currency. Gold, along with silver, is one of the only currencies that has an intrinsic value. It has always been that way. No one questions its value, and it has always been a valuable commodity, first coined in