Gary Johnson Advocates a Return to a Commodity Based Currency

Libertarian Party presidential candidate Gary Johnson looks on during National Convention held at the Rosen Center in Orlando, Florida
Libertarian Party presidential candidate Gary Johnson looks on during National Convention held at the Rosen Center in Orlando, Florida, May 29, 2016. REUTERS/Kevin Kolczynski

One of the biggest problems that the United States faces is a crumbling currency at the hands of the Federal Reserve bank.  It was decades ago that this country moved away from commodity based currency to a fiat system based on the word of the government.

A big sticking point for a lot of Libertarians is monetary policy, and Ron Paul made it mainstream among a lot of people in this country.

Only one Presidential candidate has suggested that we return to a commodity based system that will ensure controlled inflation and limit government spending.

In an interview at Freedom Fest this past weekend Governor Gary Johnson suggested that the United States return to a commodity based system for our currency.

Understanding monetary policy is essential to understanding how to achieve a free society. Our government currently manipulates the price of money because they can. It is just like monopoly money to them, no real value but only worth something because we say it does.  A commodity based system will return discipline to Washington and is essential to controlling the national debt and spending in this country.

Advertisements

2 Comments Add yours

  1. Appreciate it. Plenty of postings!

    Like

  2. I am working through Gabrielle bernstein’s may cause miracles, so this post was a lovely way to start Monday morning.
    Ace Hardware Coupon codes http://www.acehardware-coupons.com/

    Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s