Ron DeSantis fumes about fiat currency 'problems', stops short of backing return to Gold Standard
Iowans now have a better understanding of Ron DeSantis’ position on America’s devalued dollar.
During a speech in Council Bluffs on Saturday, the 2024 Republican presidential candidate fumed about the issues with “fiat currency,” but did not back a return to the Gold Standard abandoned by the United States by Franklin D. Roosevelt originally in 1933, with the ultimate separation happening during the Richard Nixon era.
“I think the fiat currency has had a lot of problems,” DeSantis said at an event hosted by the Never Back Down super PAC.
The Governor offered specific criticism of Quantitative Easing, a policy embraced in earnest after the 2008 economic crisis, with a second helping of it as...