Topic: Gold Tender

2 chapters across the catalog

In response to federal digital currency plans, states like Texas and Oklahoma are exploring state-chartered banks backed by gold. Several states, including Utah and Wyoming, have already passed legislation making gold and silver legal tender. This movement is described as a return to the "Federalist" system envisioned by the Founding Fathers to protect citizens from central bank monopolies.

In response to federal overreach, states like Texas and Oklahoma are exploring the creation of state-chartered banks backed by gold. Legislation has already passed in several states, including Utah and Wyoming, to recognize gold and silver as legal tender. This movement is described as a return to "true federalism," where states exercise their constitutional right to manage their own monetary systems and education independently of Washington D.C.