 In 1982, Paul was the prime mover in the creation of the U.S. Gold Commission, and in many public speeches Paul has voiced concern over the dominance of the current banking system and called for the return to a commodity-backed currency through a gradual reintroduction of hard currency, including both gold and silver.A commodity standard binds currency issue to the value of that commodity rather than fiat, making the value of the currency as stable as the commodity.He condemns the role of the Federal Reserve and the national debt in creating monetary inflation.