Dear Monetary Policy Observer,
The RNC recently passed a resolution calling for the adoption of a bipartisan Centennial Monetary Commission. APIA senior economics advisor Ralph Benko makes the case in his latest Forbes column that this is a sign of good money policy debate coming out of policy hibernation, and details the growing institutional support for the Brady-Cornyn Centennial Monetary Commission Act (HR1176/S1895).
We hope you find this material of interest.
American Principles In Action
Unemployment Will Remain High So Long As The Dollar Remains Wiggly
The Republican National Committee recently passed a resolution, by the unanimous vote of its National Committeepeople, calling for the creation of a national Monetary Commission. This legislation is prime sponsored in the House of Representatives by Joint Economic Committee Chairman Kevin Brady (R-Tx) and in the US Senate by Republican whip John Cornyn (R-Tx).
Cato, with a representative from Heritage, recently conducted a panel on Capitol Hill on this same proposed Commission.
…This, however, is not a partisan issue. It very much is one that loyal Democrats can, and should, embrace. Even the RNC made a nonpartisan call to action for “all political and civic leaders,” not just Republicans. Job creation through good money is bigger than partisan politics.