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"...the ultimate issue that any smart politician would choose to lead and speak on is ensuring that these dollars hold their value over time. Reestablishing policies that will stabilize our currency and promote prosperity in every corner of America is the surefire way to achieve such an end. This is called 'sound money.'"
When Donald Trump was elected last November, the dollar rallied. Although the New Yorker had given mixed signals about currency policy throughout his presidential campaign, the price of an ounce of gold (historically the best proxy for the dollar’s value) closed the month down more than $100.
We wrote up a “QE3 Fact Sheet” after Ben Bernanke’s announcement on monetary policy Thursday. Left-wing apologists for the central bank came out in full swing, advocating for the money injection as a beacon of hope.
Across the country in various towns, people are printing private currencies backed by American dollars. USA Today reports that there are at least five different private currencies circulating in the country.
FreedomWorks Foundation, American Legislative Exchange Council, Tea Party Patriots and Committee to Unleash Prosperity in partnership with a coalition of conservative organizations and prominent individuals, launched the Save Our Country Task Force.