STAFF NEWS & ANALYSIS

States Treating Gold and Silver as Real Money Now

By Daily Bell Staff – February 22, 2017

State Deals Blow to Federal Reserve, House Passes Bill To Treat Silver and Gold as Money … As central economic planners at the Federal Reserve continue their vision of “prosperity” through crushing debt and dollar devaluation, some states are fighting back. The Arizona House took a major step toward sound money by passing a bill to eliminate penalties in the form of taxes on gold and silver specie. The move would be an important step toward currency competition and help undermine the Fed’s monopoly on money.

The Arizona House has removed a gold and silver inflationary tax. Meanwhile Utah and Oklahoma have declared gold and silver legal tender in their state, free from any taxation. Other states are mulling similar moves. It is a ways