Stephen Moore favors gold but prefers a commodity standard for the dollar.
Smaulgld Live Stream – March 22, 2019
Today we discussed President Trump’s nomination of Stephen Moore to the board of the Federal Reserve.
It is my pleasure to announce that @StephenMoore, a very respected Economist, will be nominated to serve on the Fed Board. I have known Steve for a long time – and have no doubt he will be an outstanding choice!
— Donald J. Trump (@realDonaldTrump) March 22, 2019
Thankyou @realDonaldTrump for the opportunity to serve & for your zealous commitment to freeing the American economic engine from government overreach & oppressive taxation! https://t.co/pBOoxqo9mO
— Stephen Moore (@StephenMoore) March 22, 2019
Watch “Trump Nominates Pro- Gold Candidate to The Fed”
Resources:
Stephen Moore advocates for a commodity standard, while Stephen Forbes favors a gold standard in this 2015 Fox Business interview. At 2:49 Mr. Moore indicates that he has no faith in central bankers and that a gold standard would be better than what we have now. BUT he says that he would go back to what Paul Volker used (former Fed Chair 1979-1986) a de facto commodity rule where the Fed follows the commodity prices and adjusts interest rates accordingly – ie a market basket of commodities standard, not a gold standard.
Stephen Moore Freedom Works profile
Stephen Moore September 7 2010: Gold To Soar to $2,000 (gold price was $1255 an ounce)
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