New Paper By Edwin Vieira, Jr. Discusses Practical Return To Sound Money

Dr. Edwin Vieira, Jr.has written a new paper on the reconstruction of the United States' monetary system utilizing gold as the monetary medium of choice, although I suppose the same system would work with silver as well.  The link to this paper, an abridged version of which was presented at the Committee on Monetary Research and Education’s meeting of 21 October 2010, is here.

Recommended reading for those interested in a return to sound money, which should be everyone.


-- Have you seen Our American Money?  Please do.  And share the link.

Hope Remains for Idaho Silver Money Bill

In  March I published a post about a silver money bill that passed the Idaho House of Representatives that month.

According to a recent article at MORPHcity.com, the legislation, currently known as the Idaho State Silver Gem Act, is apparently still alive in spite of dying in a Senate committee after the House vote.  State Representative Phil Hart, who authored the bill, plans to re-introduce it next year provided he is re-elected this fall.  Odds of the bill clearing the Senate may have improved with the defeat in the 2010 primary of two senators who strongly opposed it.

A key feature of the bill is that Idaho residents would have the option of paying state taxes with the silver medallions.  There is still the constitutional question I mentioned in my original post, but as I also stated in that post, I believe this measure is a step in the right direction regarding the re-establishment of sound money and I intend to continue to watch this legislation and report on it here.

The MORPHcity.com article may be found here.  The current status of the bill may be found here.

-- Have you seen Our American Money?  Please do.  And share the link.