I would suspect the main objection the Senate would have is that a return to a “gold” standard would not allow them to continue to borrow trillions of dollars to buy votes from the lame and lazy. People could sense a “value” to a dollar, instead of hoping it has some value tomorrow, and we can’t have that!!
I would suspect the main objection the Senate would have is that a return to a “gold” standard would not allow them to continue to borrow trillions of dollars to buy votes from the lame and lazy.
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She doesn’t support the gold standard.
She supports a foreign exchange system that would prevent countries from manipulating their currency the way China does.
For the cost of capital (domestic policy) she supports the market over the current system of the Fed manipulating rates.
What about inflation? The Fed won’t be able to reign in growth to combat inflation anymore. A disaster!/s