To the Governor: Arkansas Passes Bill that Would Make Gold and Silver Legal Tender in the State

The legislation would make “gold and silver specie” legal tender in the state, meaning it would be recognized as a medium of exchange. Practically speaking, this would allow Arkansans to use gold or silver coins as money rather than just as mere investment vehicles.

The post To the Governor: Arkansas Passes Bill that Would Make Gold and Silver Legal Tender in the State first appeared on Tenth Amendment Center.

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Arkansas House Passes Bill that Would Make Gold and Silver Legal Tender in the State

The legislation would make “gold and silver specie” legal tender in the state, meaning it would be recognized as a medium of exchange. Practically speaking, this would allow Arkansans to use gold or silver coins as money rather than just as mere investment vehicles. 

The post Arkansas House Passes Bill that Would Make Gold and Silver Legal Tender in the State first appeared on Tenth Amendment Center.

Continue ReadingArkansas House Passes Bill that Would Make Gold and Silver Legal Tender in the State

Arkansas Bill Would Make Gold and Silver Legal Tender in the State

The legislation would make "gold and silver specie" legal tender in the state, meaning it would be recognized as a medium of exchange within the state. Practically speaking, this would allow Arkansans to use gold or silver coins as money rather than just as mere investment vehicles. In effect, it would put gold and silver on the same practical footing as Federal Reserve notes.

The post Arkansas Bill Would Make Gold and Silver Legal Tender in the State first appeared on Tenth Amendment Center.

Continue ReadingArkansas Bill Would Make Gold and Silver Legal Tender in the State