REPORT: The GOP Wants To Set Up A Gold Commission

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The FT’s Robin Harding and Anna Fifield report the GOP is set to formally include adopting a gold standard as a pillar of their updated platform.”Drafts of the party platform, which it will adopt at a convention in Tampa Bay, Florida, next week, call for an audit of Federal Reserve monetary policy and a commission to look at restoring the link between the dollar and gold,” they report.

“Any commission on a return to the gold standard would have to address a host of theoretical, empirical and practical issues,” they add.

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