"The Federal Reserve deserves full responsibility for the housing bubble and as well deserves credit for mitigating the bust. Overriding that, the dollar is now worth a nickel. I understand the arguments for a free market in money and I support them. I shy away from the phrase 'regulate the Fed' because I do not want Barney Frank deciding monetary policy. I wouldn’t say the Fed needs to be abolished. I understand the argument for a gold standard, though. The US government should be pursuing a strong dollar policy, which the Fed hasn’t done."
Jan. 19, 2010 Gary Johnson

No position found as of May 30, 2012

"You know, I'm happy to look at a whole range of ideas on how to have greater stability in our currency and in our monetary policies. I know that in the past when we had a gold standard, the idea that somehow it was detached from or free from any interference by Congress was simply wrong because even with the gold standard someone has to decide what is the conversion rate between the gold and the dollar...

And Congress can inflate the dollar simply by changing the exchange rate, as was done in the past. So I don't think there's any, if you will, magic bullet substitute for economic restraint, for not spending more money than you take in, for having the nation that's the most productive in the entire world. That's how you get wealth for the middle class is making America a more productive nation with high savings rates and a government that only spends what it takes in."
Jan. 25, 2012 Mitt Romney

No position found as of July 12, 2012