The gathering storm

The New York Sun/Editorial staff/1-12-2023

“The coming fight over the debt ceiling is a moment for the Sun to say what we want — a compromise that keeps the government running but commits Congress to establishing a monetary commission. The idea would be to take a formal look at how the Federal Reserve has performed in the last 100 years, how our national experiment in fiat money has performed in the last 50 years, and how to return to honest money.”

USAGOLD note: The monetary storm continues to gather on the horizon, and it will be a long time, if ever in our view, before Congress does anything to detach from the fiat money bandwagon.