PDA

View Full Version : Bill before az senate committee called hedge against hyperinflation



Keyser Soze
02-21-13, 09:19 PM
http://azstarnet.com/news/local/panel-moves-to-make-gold-silver-coins-legal-tender/article_e0d73d91-f39f-5bd7-937e-868811615c25.html

Thoughts?

David Merrill
02-22-13, 01:05 AM
http://azstarnet.com/news/local/panel-moves-to-make-gold-silver-coins-legal-tender/article_e0d73d91-f39f-5bd7-937e-868811615c25.html

Thoughts?

Thanks for pointing that out!

shikamaru
02-22-13, 09:34 PM
http://azstarnet.com/news/local/panel-moves-to-make-gold-silver-coins-legal-tender/article_e0d73d91-f39f-5bd7-937e-868811615c25.html

Thoughts?

According to the article ....



PHOENIX - Arizonans who fear the federal government will make their folding money worthless may soon be able to substitute privately minted gold and silver coins.

The Senate Finance Committee on Wednesday took the first steps to making such coins legal tender in Arizona. SB 1439 would give them the same legal status as the bills and coins authorized by Congress.

Nothing in the proposal by Sen. Chester Crandell, R-Heber, would force anyone to actually accept these coins as payment for any debt. Their use would be voluntary.

You can do that without government right now....privately.

Why wait for some legislature to move?