States Reclaim Currency Power: Gold Over Dollar Dependency
Submitted by MAGA
Posted 15 hours ago
**Gold Is Back: States Are Leading the Charge Against Dollar Dependency**
In a groundbreaking move that reflects a resurgence of interest in sound money principles, several states are stepping up efforts to revive gold and silver as viable forms of currency.
As inflation continues to erode purchasing power, more state legislatures are introducing laws aimed at restoring gold and silver as legal tender, effectively challenging the dominance of the dollar.
This trend is gaining momentum across the country, with states like Arkansas and Texas making significant strides.
Arkansas lawmakers recently voted unanimously to establish a system for transactional gold, setting a precedent for states looking to provide alternatives to the Federal Reserve Note.
Meanwhile, Texas has seen overwhelming support for similar initiatives, reflecting a strong consumer desire for stability in an increasingly volatile economy.
These legislative efforts are not only about economic policy; they represent a broader movement that resonates with conservative values centered around fiscal responsibility and national sovereignty.
In Utah, lawmakers have also taken action by removing capital gains taxes on precious metals, making it more attractive for citizens to invest in gold and silver.
These moves are being championed by various organizations, including the National Association of Christian Legislators, which is promoting the establishment of frameworks for state-backed gold currency systems.
The argument is clear: gold and silver historically serve as reliable stores of value, particularly in times of economic upheaval.
According to proponents, the ability to conduct commerce using gold and silver could offer a hedge against inflation while empowering individuals to take control of their financial futures.
In light of recent legislative successes, there is renewed enthusiasm for the idea of a transactional gold system that not only preserves wealth but also fosters economic growth.
Advocates assert that this initiative is about more than just currency; it’s a call to return to foundational principles that align with the Constitution and the founding fathers' vision for American economic independence.
Moreover, the prospect of a national shift towards sound money could echo the sentiments expressed by former President Donald Trump during his time in office, where he frequently criticized the Federal Reserve and expressed support for restoring a gold standard.
As states continue to propose and pass legislation recognizing gold and silver as legal tender, it seems clear that Americans are ready to reclaim control over their financial destinies.
With a groundswell of support for these initiatives, the conversation around sound money is likely to intensify, setting the stage for a potential renaissance in how Americans think about currency and value.
Sources:
100percentfedup.com
theepochtimes.com
zerohedge.com
In a groundbreaking move that reflects a resurgence of interest in sound money principles, several states are stepping up efforts to revive gold and silver as viable forms of currency.
As inflation continues to erode purchasing power, more state legislatures are introducing laws aimed at restoring gold and silver as legal tender, effectively challenging the dominance of the dollar.
This trend is gaining momentum across the country, with states like Arkansas and Texas making significant strides.
Arkansas lawmakers recently voted unanimously to establish a system for transactional gold, setting a precedent for states looking to provide alternatives to the Federal Reserve Note.
Meanwhile, Texas has seen overwhelming support for similar initiatives, reflecting a strong consumer desire for stability in an increasingly volatile economy.
These legislative efforts are not only about economic policy; they represent a broader movement that resonates with conservative values centered around fiscal responsibility and national sovereignty.
In Utah, lawmakers have also taken action by removing capital gains taxes on precious metals, making it more attractive for citizens to invest in gold and silver.
These moves are being championed by various organizations, including the National Association of Christian Legislators, which is promoting the establishment of frameworks for state-backed gold currency systems.
The argument is clear: gold and silver historically serve as reliable stores of value, particularly in times of economic upheaval.
According to proponents, the ability to conduct commerce using gold and silver could offer a hedge against inflation while empowering individuals to take control of their financial futures.
In light of recent legislative successes, there is renewed enthusiasm for the idea of a transactional gold system that not only preserves wealth but also fosters economic growth.
Advocates assert that this initiative is about more than just currency; it’s a call to return to foundational principles that align with the Constitution and the founding fathers' vision for American economic independence.
Moreover, the prospect of a national shift towards sound money could echo the sentiments expressed by former President Donald Trump during his time in office, where he frequently criticized the Federal Reserve and expressed support for restoring a gold standard.
As states continue to propose and pass legislation recognizing gold and silver as legal tender, it seems clear that Americans are ready to reclaim control over their financial destinies.
With a groundswell of support for these initiatives, the conversation around sound money is likely to intensify, setting the stage for a potential renaissance in how Americans think about currency and value.
Sources:
100percentfedup.com
theepochtimes.com
zerohedge.com
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