The legislation would direct the Department of State Treasurer to study the costs and benefits that would result from a state-administered and state-audited vaulting bullion depository in North Carolina.
The post North Carolina House Committee Passes Bill to Explore Creation of State Bullion Depository first appeared on Tenth Amendment Center.
A bill introduced in the South Carolina Senate would expressly exclude a central bank digital currency (CBDC) from the definition of money in South Carolina, creating potentially significant roadblocks to its use as such in the state.
The post South Carolina Bill Would Exclude CBDC from Definition of Money in the State first appeared on Tenth Amendment Center.
The government can print paper money out of thin air. Every time it does, it makes everything more expensive and you have to pay an inflation tax.
The post Fiat Money Has Always Been Evil first appeared on Tenth Amendment Center.
As support for state efforts against a central bank digital currency ramps up, we’re starting to hear what opponents have to say. You probably won’t be surprised to learn that much of it is based on their view that federal supremacy is the answer to everything.
The post States vs CBDC: Here Comes the Opposition first appeared on Tenth Amendment Center.
The legislation would exempt the sale of gold and silver coins and bullion from the state sales and use tax effective Jan. 1, 2024.
The post Maine Senate Passes Bill to Remove Sales Tax from Gold and Silver Bullion first appeared on Tenth Amendment Center.
A surplus sounds like good news, but digging into the data reveals that federal revenues are falling even as spending continues unabated.
The post Federal Tax Receipts Are Tanking But Federal Spending Isn’t first appeared on Tenth Amendment Center.
In effect, this amendment would bar the state of Texas from interfering with the use of cash or any cash alternatives, including gold, silver, or cryptocurrency in transactions within the state. This would set the state for currency competition in Texas.
The post Texas House Passes Measure to Put Right to Choose Medium of Exchange in State Bill of Rights first appeared on Tenth Amendment Center.
A bill introduced in the Ohio House would explicitly exclude a central bank digital currency (CBDC) from the definition of money in Ohio, effectively banning its use as such in the state.
The post Ohio Bill Would Ban the Use of a Central Bank Digital Currency as Money in the State first appeared on Tenth Amendment Center.
A bill introduced in the South Carolina House would explicitly exclude a CBDC from the definition of money in South Carolina, effectively banning its use as such in the state.
The post South Carolina Bill Would Exclude CBDC from Definition of Money in the State first appeared on Tenth Amendment Center.
The law explicitly excludes a CBDC from the definition of money in Florida, effectively banning its use as such in the state.
The post Signed as Law: Florida Bans Use of a CBDC as Money in the State first appeared on Tenth Amendment Center.