WASHINGTON (July 31, 2018) – A member of the U.S. House Financial Services Committee is calling out the Federal Reserve and the U.S. Treasury for dodging questions about their activities involving America’s gold reserves. In a letter dated July 27, Representative Alex Mooney (R-W.Va.) wrote to Jerome Powell, Chairman of the Federal Reserve, and Steven Mnuchin, Secretary…
Today is day 537 that the GOP has failed to repeal Obamacare, or gun control, or end mass, warrantless surveillance… But states and individuals continue to take action to push back. Mike Maharrey (follow) and Michael Boldin (follow) discuss some recent wins for the nullification movement, and comment on the hype over the new Supreme Court…
CHEYENNE, Wyo. (July 2, 2018) – Yesterday, a law defining gold and silver specie as legal tender and eliminating all taxes levied on it became law. This paves the way for Wyoming residents to use gold and silver in everyday transactions, a foundation step for the people to undermine the Federal Reserve’s monopoly on money.…
MONTGOMERY, Ala. (June 1, 2018) – Today, an Alabama law exempting the sale of gold and silver bullion from state sales and use tax, encouraging its use and taking the first step toward breaking the Federal Reserve’s monopoly on money went into effect. Sen. Tim Melson (R-Florence) introduced Senate Bill 156 (SB156) on Jan. 11. The…
When you take down those barriers, you level the playing field and allow gold and silver to compete head-to-head with Federal Reserve notes. On an even playing field, gold and silver wins.
ST. PAUL, Minn. (May 18, 2018) – On Wednesday, the Minnesota legislature gave final approval to a bill that would exempt the sale of gold and silver bullion coins from state sales and use tax, encouraging their use and taking another step toward breaking the Federal Reserve’s monopoly on money. Rep. Jim Knoblach (R-St. Cloud) and…
“In recent decades, government officials and central banks have almost entirely kicked gold out of the monetary system with disastrous effects, particularly for the average American.”
The Federal Reserve’s monopoly on money allows it create all kinds of distortions in the marketplace. This is why we need more state actions to take on the Fed’s monetary monopoly. Ron Paul talked about bubbles during his Liberty Report last week, noting recent articles on the subprime auto bubble, along with housing bubble 2.0. As…
CHEYENNE, Wyo. (April 2, 2018) – Last month, Wyoming Gov. Matt Mead signed a bill into law to exempt cryptocurrency from property taxes. The new law will help expand the of use digital currency and could ultimately undermine the Federal Reserve’s monopoly on money. A bipartisan coalition of six senators and representatives introduced Senate Bill 111 (SF111)…
PHOENIX, Ariz. (March 21, 2018) – Last week, Arizona Gov. Doug Ducey signed a bill into law that takes 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) introduced House Bill 2013 (HB2013) on Jan. 9.…