Monday, February 14, 2005

25 Reasons why the Sound Money Bill Must Be Supported

Jason Hommel of goldismoney.com
July 8th, 2004

The state of Nevada considered minting and issuing silver coins in 2003. They were thinking about minting once ounce silver coins with a legal tender face value of $20.

But that creates a problem. That would not be sound silver money, but rather, fraudulent silver money. It is unjust to print $20 bills on $5-6 worth of silver! See: NEVADA SILVER COIN BILL: SOUND SENTIMENT BUT BAD JUDGEMENT by Franklin Sanders.

Today, the state of New Hampshire has a sound money bill that is going to do it right. It will allow the State to use gold and silver coins minted by the U.S., in transactions with the public, at the current market value of the coins.

So, then, here are my 25 Reasons why the Sound Money Bill Must Be Supported!


Comments: Post a Comment

This page is powered by Blogger. Isn't yours?

Free Hit Counter
free hit counter
View My Stats