:ymhug: :ymsmug: B-) :-s :ymparty: :ymapplause: :-ssStates fed up with the phony, manipulated central bank currencies are starting to move away from the failing system – and prepare to hedge themselves against the worst case scenarios of monetary collapse.
Though the Federal Reserve clearly dominates the U.S. and global economy, some U.S. states are making moves to reestablish real money, and shift away from the burdensome and oppressive central bank currency.
With the financial system so broadly manipulated by central bank printing – and the experiment over the past eight years of zero interest, unlimited – many leaders are looking for a safe haven and a guard against the downturn of weak spots of debt-based money printing as the default means of exchange.
Put more simply, Utah may soon lead the way of putting “trust” back in God and gold, rather than in God and the Federal Reserve.
A new law proposed in the House there would allow for a repository of physical gold, and encourage and facilitate official business of the State being conducted with funds backed by or drawn from the value of this stored wealth – a subtle move that is nonetheless revolutionary in scope.
Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
- Col. Flagg
- Level 34 Illuminated
- Posts: 16961
- Location: Utah County
Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
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- jbalm
- The Third Comforter
- Posts: 5348
Re: Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
Utah will NEVER break ranks with FEDGOV.
A bigger bunch of authority worshippers has never existed in the history of mankind.
A bigger bunch of authority worshippers has never existed in the history of mankind.
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- captain of 1,000
- Posts: 4066
- Location: Vineyard, Utah
Re: Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
The states cannot part ways with the Federal Reserve or dump federal reserve notes. What Utah is considering is providing an alternative currency as opposed to refusing to allow people to use federal reserve notes.
And I don't really like the way they are doing things. If there is a societal collapse you won't be able to get the gold or silver and will have notes just as worthless as your federal reserve notes. Minting small amounts of gold or silver, mounted into larger coins of relatively worthless metal, would allow people to hold and use state coinage and would be legal under the Constitution. If they took that course, and I am able to move to Utah, I would probably put most of my money into holding state coins.
And I don't really like the way they are doing things. If there is a societal collapse you won't be able to get the gold or silver and will have notes just as worthless as your federal reserve notes. Minting small amounts of gold or silver, mounted into larger coins of relatively worthless metal, would allow people to hold and use state coinage and would be legal under the Constitution. If they took that course, and I am able to move to Utah, I would probably put most of my money into holding state coins.
- Col. Flagg
- Level 34 Illuminated
- Posts: 16961
- Location: Utah County
Re: Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
Ya do got a point jb... just look at the point of the mountain for proof of that. #-o :ymsick:jbalm wrote:Utah will NEVER break ranks with FEDGOV.
A bigger bunch of authority worshippers has never existed in the history of mankind.
- ajax
- Level 34 Illuminated
- Posts: 8002
- Location: Pf, Texas
Re: Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
Harsh, jbalm, harsh. What makes you say this? Experience? Observation?jbalm wrote:A bigger bunch of authority worshippers has never existed in the history of mankind.
- ajax
- Level 34 Illuminated
- Posts: 8002
- Location: Pf, Texas
Re: Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
What's at the point of the mountain?Col. Flagg wrote:Ya do got a point jb... just look at the point of the mountain for proof of that. #-o :ymsick:jbalm wrote:Utah will NEVER break ranks with FEDGOV.
A bigger bunch of authority worshippers has never existed in the history of mankind.
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- captain of 1,000
- Posts: 3511
Re: Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
NSA Center Ajax. That is by the POTM.
- kittycat51
- captain of 1,000
- Posts: 1844
- Location: Looking for Zion
Re: Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
The ugliest of all ugly great and spacious buildings. X(samizdat wrote:NSA Center Ajax. That is by the POTM.
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- Level 34 Illuminated
- Posts: 9911
Re: Utah may soon dump 'Federal Reserve', put trust back in God and gold, rather than central bank'
Uglier than the UN building in NYC? Uglier than the Federal Reserve building? ;)kittycat51 wrote:The ugliest of all ugly great and spacious buildings. X(samizdat wrote:NSA Center Ajax. That is by the POTM.