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Thursday, October 13, 2022

Bill H.R. 9157 introduced to Restore Gold Standard to U.S. Dollar as Inflation Soars to Record Highs

 https://bigleaguepolitics.com/congressman-introduces-bill-to-restore-gold-standard-to-u-s-dollar-as-inflation-soars-to-record-highs/

The bill, H.R. 9157, would require the Federal Reserve and U.S. Treasury to disclose their gold holdings and transactions within 30 months. It would then peg the dollar to a fixed rate of gold at its current market price. Dollars would then become redeemable and exchangeable in gold for the first time in many decades.


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