A resolution expressing the sense of the House of Representatives with respect to high interest rates, economic recovery and the gold standard.

[AI summary unavailable — showing source text] Declares that it is the sense of the House of Representatives that: (1) current interest rates are needlessly and destructively high; (2) high interest rates are wreaking extensive damage on the economy; (3) the Federal Reserve has been a failure as a tool of monetary policy; (4) interest rates must be brought down; (5) balancing the budget and reducing Federal loans and loan guarantees will only solve part of the problem; and (6) the only long-term solution to economic recovery is a return to the gold standard and the discipline it brings. Urges the adoption of a gold standard by Congress to restore stability and to strength the economy.…