CGI’s Liam77: U.S. Congressman Introduces Gold Standard Bill as Inflation Spirals Out of Control

CGI’s Liam77: U.S. Congressman Introduces Gold Standard Bill as Inflation Spirals Out of Control

Posted By: RumorMail
Date: Tuesday, 11-Oct-2022 11:34:51
http://www.rumormill.news/209192

A post submitted by CGI member Liam77.*************************************more at: https://eraoflight.com/2022/10/11/u-s-congressman-introduces-gold-standard-bill-as-inflation-spirals-out-of-control/America’s currency would regain stable footing for the first time in half a century if a bill just introduced by U.S. Representative Alex Mooney (R-WV) becomes law.Referred to as the “Gold Standard Restoration Act” by sound money activists, H.R. 9157 calls for the repegging of the Federal Reserve note to gold in order to address the ongoing problems of inflation, runaway federal debt, and monetary system instability.Upon passage of H.R. 9157, the U.S. Treasury and the Federal Reserve would have 30 months to publicly disclose all gold holdings and gold transactions, after which time the Federal Reserve note “dollar” would be pegged to a fixed weight of gold at its then-market price.

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=209192

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