sound money

Missouri House Committee Passes Bill to Treat Gold and Silver as Legal Tender

The legislation would take steps to treat gold and silver as money in Missouri and encourage its use as such, including making it legal tender, and eliminating the state capital gains tax on gold and silver. It would also prohibit any public entity of the state from requiring payment in the form of any digital currency, including a central bank digital currency (CBDC).

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Maine Committee Approves Bill That Would Take Step Toward Treating Gold and Silver as Money

The legislation would exempt the sale of gold and silver coins and bullion from the state sales and use tax effective Jan. 1, 2024.

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Maine Committee Holds Hearing on Bill to Treat Gold and Silver as Money

The legislation would make gold and silver in coin or bar form legal tender for all transactions as long as the buyer and seller agree as to the fair market value of the metal. The bill would also exempt the sale of gold and silver legal tender from the state sales and use tax.

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Legal Tender Act: Gold and Silver are Money

The unconstitutional central bank uses fiat to power the largest government in history. The federal government will never shut down its own money printer. So it’s up to the states and the people to get the job done. An important first step is the “Legal Tender Act” - now law in 3 states, and counting.

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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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Missouri House Committee Holds Hearing on Bill That Would Take Steps Toward Treating Gold and Silver as Money

The legislation would take steps to treat gold and silver as money in Missouri and encourage its use as such, including making it legal tender, and eliminating the state capital gains tax on gold and silver. It would also prohibit any public entity of the state from requiring payment in the form of any digital currency, including a central bank digital currency (CBDC).

The post Missouri House Committee Holds Hearing on Bill That Would Take Steps Toward Treating Gold and Silver as Money 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. 

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It’s not Inflation. It’s Depreciation.

The founders and old revolutionaries used the word "depreciation" to describe what we call "inflation" today. Their way is much better - because when people understand that money is worth less (or worthless), it's much easier for them to understand the cause of the problem in the first place.

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Maine Bill Would Authorize the Investment of State Funds in Gold and Silver

The proposed law would authorize the Maine State Treasurer to invest state funds located in the Maine Budget Stabilization Fund under chapter 142 and any pension fund administered by the treasury in gold, silver, or other precious metals. In effect, holding gold and silver would help secure state assets against the risks of inflation and financial turmoil. It would also reinforce the importance of sound money in the state's financial system.

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Florida Bill Would Ban Use of a Central Bank Digital Currency in the State

The legislation would explicitly exclude a CBDC from the definition of money in Florida, effectively banning its use in the state.

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