Economics

Working Americans across the country are struggling. We believe poor monetary policy is largely responsible. Wages are stagnant. The cost of living is rising and the value of the dollar is eroding, injuring the dignity and economic security of American workers with it. We believe action is needed to restore job creation, economic mobility, and the American dream.

We demand:

  • Accountability of the Federal Reserve through a full audit by the Government Accountability Office.
  • A national monetary commission to explore the track record of alternate monetary policy regimes on our economy and empirically evaluate which options would best serve working Americans by preserving the value of the dollar.
  • A renewed understanding and appreciation of the classical gold standard’s track record of supporting a rising standard of living, fostering job creation and economic mobility, and promoting equitable prosperity.

Fix The Dollar

Our mission is to defend the liberty of the individual, which can only be protected when the wages, quality of life and savings earned through the fruits of one’s labor are preserved by the maintenance of sound currency.

The right to the pursuit of happiness endowed to us by our creator memorializes property rights as sacred to liberty. There is no greater expression of private property than the preservation of value that is maintained in our currency. Our money is the measure of the value of our earnings and savings, our property. When someone’s property is taken without their consent, this amounts to an attack on this most fundamental right. Today’s monetary policy takes control of our money and hands it to unelected bureaucrats.

Our mission is to return control of our money to the people, fix the dollar and restore sound money.

For more information, please visit: www.fixthedollar.com.

New York Sun: A Mystery Issue Eludes Candidates of the GOP Despite Weak Recovery

We wanted to refer you to this piece by Ira Stoll over at NewsMax.  Stoll cites our upcoming Jackson Hole Economic Summit on August 27-29, 2015. An excerpt: Hillary Clinton has tackled college costs and energy. On August 19, Mr. Bush and Mr. Walker arescheduled to appear in New Hampshire along … [Read more...]

Democrats should join, not boycott, the ‘Monetary Policy Olympics’ – Ralph Benko, The Hill

On July 29, the House Financial Services Committee met to vote on, among other bills, the Brady-Cornyn Centennial Monetary Commission Act, HR 2912.  This would charter a commission to make an empirical study of Fed policies and job creation, income mobility, economic growth, and other real world … [Read more...]

Time for a Monetary Commission? Let’s Get Back to Growth

Remember when growth was the norm? No, really. Not too long ago, Americans could expect good job growth no matter which party was in the White House — Clinton and Reagan created almost 40 million jobs between them. Lately, however, we’ve been seeing anemic growth and even contractions like the … [Read more...]

Lonegan: Federal Reserve Is “Prolonging The Paralysis And Inaction”

Federal Reserve maintains that current policy “remains appropriate”  Jackson Hole Summit to tackle Fed’s mismanaged monetary policy Washington, D.C. – Yesterday the Federal Reserve once again announced it will be maintaining its existing policy of historically low interest rates. Despite many … [Read more...]

Watershed Moment: Centennial Monetary Commission Passes Key House Committee

Rep. Kevin Brady’s HR 2912 passes House Financial Services Committee 35-22 Ralph Benko: “Good monetary policy is a key ingredient in allowing workers and working families to flourish.” Washington, D.C.– The House Financial Services Committee yesterday passed H.R. 2912, the Centennial Monetary … [Read more...]

New Legislation Would Chart Previously Unchartered Territory for the Federal Reserve

Sens. Cornyn, Paul, and Cruz introduce Senate version of the Centennial Monetary Commission Washington, D.C. – The effort to have a substantive policy study on monetary policy and the effect of the actions of the Fed on job creation, economic mobility, and other important factors is gaining steam … [Read more...]

Brady-Cornyn Centennial Monetary Commission Reviewed by Monetary Policy Subcommittee

Proposed to Chart the “Uncharted Territory” for the Fed Washington, D.C. – On Thursday July 22nd, the Brady-Cornyn Centennial Monetary Commission was a subject of a House Monetary Policy Subcommittee hearing. The Centennial Monetary Commission Act of 2015 (HR 2912) was introduced by Rep. Kevin … [Read more...]

Today’s Jobs Report Numbers: The ‘Rosy Scenario’ Is A Lie

Steve Lonegan: “Middle class families have been short-changed." Washington, D.C.–Following today’s release of the Bureau of Labor Statistics June Jobs Report, American Principles in Action’s Director of Monetary Policy Steve Lonegan released the following statement: “In recent months, analysts … [Read more...]

George Gilder on McAlvany Weekly (Radio)

Gilder went on McAlvany Weekly Commentary to discuss his new book, The 21st Century Case for Gold, a New Information Theory of Money.  You can listen to the full segment here. … [Read more...]

Bestselling Author Releases New Book About Money

George Gilder examines Friedman, money supply, Bitcoin and Gold Washington, D.C.– George Gilder, author of the 1981 international bestseller Wealth and Poverty and the 2013 book Knowledge and Power: The Information Theory of Capitalism, has released a brand new book entitled, The 21st Century … [Read more...]