“Arizonans who fear the federal government will make their folding money worthless may soon be able to substitute privately minted gold and silver coins. The measure is crafted to get around a provision of the U.S. Constitution which bars states from minting their own coins. But supporters also note it says that states cannot ‘make any thing but gold and silver coin a tender in payment of debts.’ That, they contend, permits states to recognize coins minted by others. Crandell said the ultimate bottom line is a lack of confidence in the dollar — or at least the real value of the dollar, what with the Federal Reserve Bank continuing to print new money.”
Arizona bill would make gold, silver coins acceptable forms of payment
- Post author:The Freedom Watch Staff
- Post published:February 22, 2013
- Post category:Network Archives
Tags: Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, Laboratories Of Democracy, Mainstream News, money, Precious Metals, Resistance, sound money, The Freedom Watch
The Freedom Watch Staff
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