HI HR91

Urges the President of the United States and Congress to return the U.S. monetary system to the gold standard, in which currency value is supported by gold reserves.

States that the U.S. used the gold standard until 1971 when President Richard Nixon suspended it, citing this as a contributing factor to the 1973-1975 recession and currency instability.

Claims that abandoning the gold standard allowed increased government spending and contributed to growing national debt.

Asserts that returning to the gold standard would limit government spending, reduce economic crisis risk, and help prevent future recessions.

Directs transmission of certified copies to the President, Secretary of the Treasury, and Hawaii's congressional delegation.