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.

PRESS RELEASE: Is the GOP Going for Gold?

Is the GOP Going for Gold? Trump and Cruz Both Praise Gold-Based Monetary Policy https://youtu.be/LqofXgLAI04?t=39s Donald Trump tells GQ: "Bringing back the gold standard would be very hard to do, but, boy, would it be wonderful. We'd have a standard on which to base our … [Read more...]

George Gilder: The Fed ‘is a god that has failed’

Via CNBC: The reason, as I document in my book, "The Scandal of Money: Why Wall Street Recovers but the Economy Never Does" is that Washington and the Federal Reserve together have created a closed loop economy where the Fed creates money for the government and the S&P 500 and Main Street is … [Read more...]

The Weekly Standard: George Gilder and ‘The Scandal of Money

Via The Weekly Standard: Today’s New York Sun editorial points us to The Scandal of Money: Why Wall Street Recovers but the Economy Never Does, the new book by economist and futurist George Gilder. The editorial heartily recommends Gilder's book, which makes the argument that America's current … [Read more...]

George Gilder Writes A Savagely Brilliant Book: The Scandal Of Money

Via Forbes: Tired of struggling economically? Me too. George Gilder offers an explanation and a solution: restoring monetary integrity. It’s radical and goes far beyond primitive “supply side economics.” The axis of restored prosperity is “entrepreneurial ingenuity,” founded in all the … [Read more...]

NY Sun: “The Gilder”

Via New York The Sun: George Gilder’s brilliant new book — “The Scandal of Money” — underscores an odd fact. There’s an expanding list of newspapermen and writers who, having reached a certain age and covered the intellectual and political wars, have turned late in their careers and at the peak of … [Read more...]

George Gilder: Monopoly Money Stifles Growth

Via DailyCaller: Trump baffles conservative elites: how with such a talented field of candidates we could we end up with an isolationist, big-government, trade-war nominee? But give the American people this much credit: they understand the economic game has been rigged: that while the crony … [Read more...]

Ralph Benko: South Carolina’s “Golden” Legacy

Via FitsNews: The Federal Reserve, and its management of its one-and-only product, Federal Reserve Notes (a.k.a. money), has turned into a really significant issue in the 2016 presidential race.  The GOP South Carolina primary happens on February 20th. The outcome will have a major impact both on … [Read more...]

Jeff Bell: Sanders, Trump Get Votes Because They Have Answers to Economic Stagnation

Via The Weekly Standard: Most conservatives believe Donald Trump and Bernie Sanders have wrong solutions to the stagnation in wages and job creation that has marked the American economy since 2000. But Trump and Sanders have proven better vote-getters than conservative candidates because, … [Read more...]

PRESS RELEASE: Trump Calls for Fed Rate Increase and a “Recession-Slash-Depression”

February 5, 2016 FOR IMMEDIATE RELEASE Contact: Jon Schweppe 202-853-1524 jschweppe@americanprinciplesproject.org   Trump Calls for Fed Rate Increase and a “Recession-Slash-Depression” APP Senior Economic Advisor Ralph Benko: “This could be absolutely catastrophic.” WASHINGTON, … [Read more...]

Ralph Benko: Which Presidential Aspirant(s) Would Make America (And You!) Prosper?

Via Granite Grok: As I recently wrote in my Forbes.com column, “Presidential elections are about, above all, just two things: our security and our prosperity.” The GOP candidates have been emphatic about our national security, about which more in a bit. All of them strangely have been pretty … [Read more...]