And the Welcome back to Conversations. I'm Bill Crystal and I'm very happy to

today by my old friend Jeffrey Bell, a recent candidate for the Senate in New Jersey.

I would like to be calling you Senator Bell here, but you fell a little short in a very good

race, wildly outspent by the incumbent, and you got, you ran a closer race than a lot of Republicans

did against incumbents in tough states so congratulations on a good race.

Thank you.

Why did you run? I mean it wasn't expected I think that you were going to be a Senate candidate here in the state that you would run first in 36 years before, right?

It was totally sudden.

It was at the end of a process where I was trying to get other people whose

candidacy would have made more sense than mine and for one reason and

another nobody could get away to make the race. I wanted to run on monetary reform, on returning

to the gold standard, which I had spent four years in Washington in complete frustration, trying

to get anybody to focus not only on that but even on what the Fed was doing

because the Fed has had a zero interest rate policy for the better part of six years and the conservative movement the Republican

Party Democrats nobody was really talking about that or trying to have any kind of a debate on it.

The Republicans who said they didn't like too much easy money, they would have Ben Bernanke

in a subcommittee testifying and they would just be very nice to him.

They never really question the logic of what he was doing in printing all this money and

financing huge deficits that started under George W Bush.

So I couldn't get anybody to take that issue up,

so I realized that nobody was going to do it in the 2014 cycle unless I did.

So I went to New Jersey.

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