PresidentialPositionsIssuesReceptionTimelineDocuments

Work in progress — cycles are added one at a time. Every quote is machine-verified against an archived source; follow the links to read it.

Issues › Money, Currency & Credit

Gold standard and currency basis

CycleCandidatePositionSolutionStrengthAttributionVerdict
1932Franklin D. Roosevelt (Democratic)A sound currency preserved at all hazardsPreserve a sound currency "at all hazards" and call an international monetary conference to consider the rehabilitation of silver and related questions. Reverse the Republican "inflation" used to fund deficits. specific_pledgecandidate_directreversed?
1932Herbert Hoover (Republican)Hold the gold standard and the 'honest dollar'; no fiat money, no 'rubber dollar' price-fixingKeep the United States on gold and the dollar 'ringing true'; reject greenback issues (the Patman bonus-currency bill), price-level mandates to the Federal Reserve, and inflation; use Federal Reserve changes (Glass-Steag…specific_pledgecandidate_directnot_applicable
1936Alf Landon (Republican)Sound currency 'at all hazards'; no further devaluation; repeal the laws delegating the money power to the ExecutiveRestore to Congress the power to coin money and regulate its value by repealing the gold-devaluation, greenback and stabilization-fund delegations; cooperate on international stabilization when safe.specific_pledgecandidate_directnot_applicable
1936Franklin D. Roosevelt (Democratic)A permanently sound currency stabilized against wide fluctuationsMaintain the managed dollar of 1934 ('the soundest currency in the world') and stabilize it to prevent the former swings that injured debtors and creditors in turn.directional_stanceparty_platformkept