by Keith Weiner
The Arizona House of Representatives has convened an Ad Hoc Committee on Gold Bonds. The purpose is to explore if and how the state could sell a gold bond.
This is an exciting development, as the issuance of a gold bond would be a major step towards a working gold standard.
Yours truly is a member of the committee. At the first meeting, I gave a proposal for how a gold bond could work to the benefit of the state and the people.