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The Utah House was to vote as early as Thursday on legislation that would recognize gold and silver coins issued by the federal government as legal currency in the state. The coins would not replace the current paper currency but would be used and accepted voluntarily as an alternative.
It is largely symbolic, another flare in the night that Obamakov & Co are destroying the value of paper currency with their forced march toward the abyss of socialism. When TSHTF people will be forced into a barter economy anyway, laws and legal tender will be what people say it is.
Quote from: Libertas on March 06, 2011, 12:14:41 PMIt is largely symbolic, another flare in the night that Obamakov & Co are destroying the value of paper currency with their forced march toward the abyss of socialism. When TSHTF people will be forced into a barter economy anyway, laws and legal tender will be what people say it is.They are doing this to avoid the necessity of bartering.Bartering will lead to many disagreements and misunderstandings, possible civil disruptions and violence. If or when the dollar fails, Utah and other states that have a coinage system in place, all business within the state to continue intact.
They passed a bill that makes it OK to trade on the value of the percious metal within the coins! http://www.washingtontimes.com/news/2011/mar/10/utah-legislature-goes-gold-silver-legal-tender/#
Quote from: Libertas on March 11, 2011, 07:38:18 AMThey passed a bill that makes it OK to trade on the value of the percious metal within the coins! http://www.washingtontimes.com/news/2011/mar/10/utah-legislature-goes-gold-silver-legal-tender/#Does that mean Nevada prostitutes will have little scales next to their beds ? Harry Reid is probably checking his piggie bank right now !