Set out gold backing and parallel commodity money as options
What the document says“In addition, Congress could simply allow individuals to use commodity-backed money without fully replacing the current system.”
The chapter sets out several structural paths, including full gold backing, gold-convertible Treasury instruments and a parallel gold standard operating temporarily alongside the current dollar. It says such transitional arrangements should be temporary so that the discipline gold imposes on government spending arrives quickly. It presents these as options rather than settling on one.
What the document actually says“In addition, Congress could simply allow individuals to use commodity-backed money without fully replacing the current system.”
Congress could let people use money backed by gold. The current system would stay.
Today's dollar is not backed by gold. The book looks at going back to that. One option is to let people choose gold-backed money alongside dollars.
Read against the documents indexed here on August 26, 2026, and nothing was found that answers this. EO 14178 is the nearest, and it goes to digital assets rather than commodity money: it promotes dollar-backed stablecoins, protects access to public blockchains, and prohibits a central bank digital currency. Nothing indexed lets individuals use commodity-backed money, issues gold convertible Treasury instruments, or sets up a parallel gold standard. The other finance candidate, rule-2025-22872, is the Commodity Futures Trading Commission withdrawing 2020 interpretive guidance on retail transactions in certain digital assets. That is a record of a search, not a finding that nothing has happened: an act this site does not hold, or one that answers the proposal in words unlike its own, would not be caught by it.