"Not to maintain sufficient inventory to preserve the integrity of the currency is an act of fraud."
"Some would argue that even a gold standard leaves money too vulnerable to the actions of government officials."
"A monetary standard that delivered sound money would certainly alleviate the social tensions that divide people into classes – creditors versus debtors, wage earners versus financial speculators."
Modern Monetary Theory.
"The entire national debt could be paid off tomorrow and none of us would have to chip in a dime...We just need to print more money."
"The Dollar is no longer tied to gold. The US issues a freely floating fiat currency so it doesn't need to tax or borrow before it can spend."