Gold is Money

Money with independent value is a crucial component of a free society and a free market. Gold has proved, throughout history, to be the ideal monetary commodity because it is universally valuable and has a steady supply growth. The classical gold standard produced the highest levels of long-term price stability and economic growth of all U.S. monetary systems. The current paper dollar standard has caused financial disorder and kept the American economy from reaching its potential.

We promote gold-backed monetary reform at the national and state levels, and work to educate lawmakers and policymakers about the need for such reform. We communicate these themes through the mainstream media, and engage activists and voters on this issue. We championed a presidential commission on gold, before it was included in the Republican primary contest. We have led the movement to use states’ constitutional legal tender power to monetize gold, and have reached mass audiences though commercials and town halls across the nation.

Pensions Project

State and local governments are feeling the pressure of a combined $4.4 trillion in unfunded retirement liabilities. Unless bold reform takes shape, they will be left to raise taxes and cut public services, in order to fund pension payouts. We believe pension reform should be grounded in three principles: truth, equality, and fiscal federalism. This means that government disclosure of pension debt should be truthful, retirement compensation for public and private-sector workers should be in line, and that the states and localities, rather than the federal government, should dictate pension reform.

We are unique in advocating these principles in the public pension debate. We promote these principles through model legislation, media, and public engagement.

State Legal Tender

State Legal Tender was created to foster discussion about the ability of states to use hard money. At a time when citizens are becoming increasingly frustrated about the dollar’s loss of purchasing power, enabling them to use gold and silver coins as currency is a first step toward fixing our dysfunctional monetary system.

Gold Standard Insures the Dollar has More Buying Power – Steve Lonegan, Star-Ledger

Gov. Jim Florio’s “A Proposed Return to the Gold Standard is Cause for Concern” contains a certain irony: Mr. Florio's embrace of the most important decision made about our money in our lifetime made by President Richard Nixon, who left office under a severe cloud. The facts are clear. During the … [Read more...]

APIA Hails Senator Ted Cruz’s Proposal to Audit the Federal Reserve

WASHINGTON, D.C. – Earlier this week, Senator Ted Cruz laid out what he sees as the top priorities for Republicans in 2015 in a piece for USA Today. American Principles in Action’s Director of Monetary Policy and ‘Fix the Dollar’ project, Steve Lonegan, hailed his proposal to audit the Federal … [Read more...]

Fix the Dollar Is Headed to South Carolina

Steve Lonegan, our director of monetary policy, is headed to the Palmetto State in November.  Here are some of his events. Saturday, Nov. 15 SC Association of Taxpayers Monday, Nov. 17 Columbia Rotary Club Palmetto House Republican Women Tuesday, Nov. 18 Myrtle Beach Tea Party Wednesday, … [Read more...]

Steve Lonegan Discusses Fix the Dollar on Iowa Radio

Steve Lonegan, our director of monetary policy, was in Iowa last week touting our Fix the Dollar project and he made several radio appearances.  On Monday, 9/22/14 he was on Jan Mickelson's show on WHO Radio 1040 AM who is based in Des Moines.  You can listen to that clip below.   On … [Read more...]


Media coverage of Federal Reserve Chairman Janet Yellen’s speech ignores the continuing predicament of the middle income American. Sure, those with highly leveraged portfolios or a large pile of retirement assets might care, but that’s not the median income worker. For conversation sake let’s call … [Read more...]

Opinion: There ain’t no such thing as a free market

Steve Lonegan in MarketWatch Well-meaning conservative and libertarian groups beat the drum for something called “free markets.” Liberal groups blame these “free markets” for many of the world’s evils. Here’s the harsh reality neither side will tell you. There ain’t no such thing as a “free … [Read more...]

(Video) Fix the Dollar Kick-Off

Watch video of Steve Forbes and Steve Lonegan, our director of monetary policy, speak at the kickoff of our FixTheDollar campaign.   … [Read more...]

New Campaign Challenges Federal Reserve, Promotes Sound Money and Fixing the Dollar

New Campaign Challenges Federal Reserve, Promotes Sound Money and Fixing the Dollar Group Says Today’s Monetary Policy Takes Control Away from the People,Wants to Return Control to the People and Restore the Dollar WASHINGTON, D.C. – A new campaign launched today by American Principles in Action … [Read more...]

Ralph Benko Radio Interview on NJ Senate Race

Ralph Benko joined 920 AM's The Voice of Liberty to discuss Jeff Bell's surprise primary victory in the New Jersey Senate primary by running on a populist platform of equitable prosperity and the gold standard. Ralph also detailed Cory Booker's overlooked vulnerability on ObamaCare, late term … [Read more...]

The Hill: Spirit of Jack Kemp Rides Again

Originally published in The Hill by Ralph Benko Jack Kemp was one of very few transformational political leaders of the 20th century.  He incontrovertibly was the political prime mover in raising the world’s wealth to $100 trillion (trillion with a t).  As this writer elsewhere has … [Read more...]