Is Your State Destroying Your Money?
Is your state destroying your money? Most states are, but several have taken action in the last few years to support sound money. You can find out how your state ranks in the 2019 Sound Money Index compiled and published by the Sound Money Defense League and Money...
U.S. Federal Reserve Notes: “Money” Backed By Nothing
At one time, the U.S. monetary system was backed by gold. Now it’s not backed by anything. But most Americans don’t realize this. In fact, nearly a third of respondents to a recent survey believe the U.S. dollar is still backed by gold. Only 7 percent of...
New evidence on the constitutionality of paper money
For 150 years, many constitutional commentators argued that by the document’s original meaning, Congress had no authority to issue paper money. Libertarians therefore argued that paper currency was unconstitutional. Liberals often agreed that the original meaning...