The federal government tries to maintain a monopoly on money, but you don’t have to use it.Details
Without the Fed lending it money and creating dollars out of thin air, the federal government couldn’t operate as it does today.Details
One of the simplest actions states can take to break the Federal Reserve monopoly on money is to stop taxing gold and silver. Treat it like money, which in fact it is.Details
The founding generation generally took a dim view of paper money.Details
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 you the peace of mind of knowing that your savings will be able to sustain you in your retirement.
So if sound money is such a good thing, what is stopping people from simply trading with each other in gold and silver?Â Why are you still being paid in fiat dollars, and why canâ€™t you pay for gas in gold?Â The answer is that the government has enacted policies that provide considerable stumbling blocks to such transactions.Details