Practically speaking, this would allow South Carolina residents to use gold or silver coins as money rather than just as a mere investment vehicle. In effect, it would put gold and silver on the same footing as Federal Reserve notes.
The post South Carolina Bills Would Take Steps Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
This refers to the devaluing of the Continental dollar by excessive money printing. As more and more Continentals were created and put into circulation, they value of each one dropped. Eventually, the Continental dollar was all but useless.
The post Not Worth a Continental first appeared on Tenth Amendment Center.
Today, a law extending and expanding a sales tax exemption on the sale of gold and silver bullion and coins goes into effect. The exemption relieves some of the tax burdens on investors, and it also eliminates one barrier to using gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money.
The post Now in Effect: Virginia Law Takes Another Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
The new law makes several changes to the state’s sales and income tax code. It includes a sales tax exemption on the sale of “goldback” notes.
The post Now in Effect: Utah Law Exempts the Sale of “Goldbacks” from State Sales Tax first appeared on Tenth Amendment Center.
Repealing sales taxes on gold and silver obviously benefits investors. But it also takes a small step toward supporting sound money.
The post A Small Step for Sound Money first appeared on Tenth Amendment Center.
The new law will relieve some of the tax burdens on investors, and it will also eliminate one barrier to using gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money
The post Signed as Law: Ohio Takes Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.Michael Boldin and Mike Maharrey talk about some of the latest news in the 10th Amendment and nullification movement including efforts to stop warrantless federal surveillance, nullify federal hemp prohibition and undermine the Federal Reserves monopoly on money.
Two experts discuss how the Federal Reserve exacerbates the business cycle, debases your money and generally wreaks havoc on the economy.
CHEYENNE, Wyo. (Aug. 13, 2018) – Efforts to encourage the use of cryptocurrency in Wyoming have already paid off. Earlier this month, crypto exchange Coinbase announced it will return to the state after a three-year absence thanks to a bill passed during the most recent legislative session. Efforts like this could ultimately undermine the Federal…
PHOENIX, Ariz. (Aug. 3, 2018) – Today, an Arizona law goes into effect taking another step toward establishing gold and silver as money. The new law supplements Federal Reserve notes with honest money that has stable, constitutionally protected value. Rep. Mark Finchem (R-Tucson) sponsored House Bill 2013 (HB2013). The new law recognizes silver and gold as liquid…