In the 2011 general legislative session, Utahns will have an opportunity to position themselves and their state on better financial footing by infusing the system with sound money
Tag Archives | Monetary Policy
December 23, 1913 – Woodrow Wilson signs the Federal Reserve Act. We can bring it to an end through our states. Learn how.
The United States Constitution declares, in Article I, Section 10, â€œNo State shallâ€¦ make any Thing but gold and silver Coin a Tender in Payment of Debts.â€
The financial system our federal government created in 1913 and thereafter maintained has created nothing but iron chains around the hands, feet and necks of the states of America.
Writes Ron Paul: “Simply legalizing the Constitution should be a no-brainer to anyone who took an oath of office. Consequently, private mints should be allowed to mint gold and silver coins.”
This claim that the Fed should have â€œindependenceâ€ is a canard. They very much enjoy their comfortable pattern of bailing out friends and devaluing the currency with no oversight and no accountability.
Writes Ron Paul: “Congress created the Federal Reserve, yet it had no constitutional authority to do so.”
by Rep Ron Paul Iâ€™ve discussed just a few benefits of sound money in the last two weeks, and contrasted them to the perils of fiat currency.Â Sound money keeps government spending in check, keeps trade fair and honest, which reduces the temptations, and many underlying causes, for governments to wage wars.Â It also gives [...]
by Rep Ron Paul Many who agree with me on a lot of other issues, do not understand my enthusiasm for gold and sound money or why I spend so much time studying and talking about monetary policy.Â It’s true that I talk about money differently than most, but the fact is sound money offers [...]
by Rep. Ron Paul The Latin term â€œfiatâ€ roughly translates to â€œthere shall beâ€. When we refer to fiat money, we are referring to money that exists because the government declares it into existence. It is not based on production or earnings, and not backed by any commodity. It is solely based on trusting the [...]
by Rep Ron Paul Oil prices are on the minds of many Americans as gas hits $4 a gallon, and continues to surge.Â How high can prices go?Â How can we solve these problems?Â What, or who, is to blame? Part of the answer lies in understanding bubbles and monetary inflation, but especially the Federal [...]
- Tenther Radio Episode #99: Government Gone Wild
- Tenther Radio Episode #98: Nullification Goes Mainstream
- Tenther Radio Episode #97: The Importance of Decentralization
- Tenther Radio Episode #96: The #NoDrones Movement is Growing
- Tenther Radio Episode #95: Real ID Backlash, and How to Enforce Nullification Bills