The politics is just most the dumbest ideology as there is no philosophy behind anything, Incompetent people are controlling governments, even banks can allow people or governments to exchange such stable assets with dollars and those assets can be kept as a security
If the federal reserve wanted a peg to gold, they'd have done it already with normal fiat currency. Obviously they don't want it because they can't freely print money.
Also, do you really think they'd want a tax free economy lol?