US Constitution, Sound Money, and Freedom

For discussion of liberty, freedom, government and politics.
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LoveIsTruth
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Re: US Constitution, Sound Money, and Freedom

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Jason wrote:
LoveIsTruth wrote:
Jason wrote:Thanks but no thanks....I'll stick with uncle Brigham on this one!
Uncle Brigham had a gold backed currency in Utah.
Did he have other options at the time?

What did he say about speculating and chasing precious metals?
Whatever he said, he had a gold backed currency in Utah, guaranteed under his own signature and the signatures of the Twelve. Brother Brigham understood that fiat was fraud. You do not understand that. But that's why you are not Brigham!

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LoveIsTruth
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Re: US Constitution, Sound Money, and Freedom

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Ron Paul on the Gold Standard and Competing Currencies Fox News October 4 2009


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LoveIsTruth
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Re: US Constitution, Sound Money, and Freedom

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  • I believe in honest money, the gold and silver coinage of the Constitution, and a circulating medium convertible into such money without loss. I regard it as a flagrant violation of the explicit provisions of the Constitution for the federal government to make it a criminal offense to use gold or silver coin as legal tender or to issue irredeemable paper money.

    (Ezra Taft Benson, God, Family, Country: Our Three Great Loyalties, 1974.)


    Let us prepare ourselves for the trying time ahead and resolve that, with the grace of God and through our own self-reliance, we shall rebuild a monetary system and a healthy economy which, once again, will become the model for all the world. (An Enemy Hath Done This, pp. 220-21.)" (The Teachings of Ezra Taft Benson p 640.)

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LoveIsTruth
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Re: US Constitution, Sound Money, and Freedom

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What Will Trump Do About the Central-Bank Cartel?
Trump could end global banking tyranny
Thorsten Pollet | Mises.org - February 13, 2017
Of course, change for the better doesn’t come from politics. It comes from better ideas. For it is ideas that determine human action. Whatever these ideas are and wherever they come from: They make humans act. For this reason the great Austrian economist Ludwig von Mises (1881 – 1973) advocates the idea of the “sound money principle” –

“The sound-money principle has two aspects. It is affirmative in approving the market’s choice of a commonly used medium of exchange. It is negative in obstructing the government’s propensity to meddle with the currency system.”

Mises also explains convincingly the importance of the sound money principle for each and every one of us –

“It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically it belongs in the same class with political constitutions and bills of right.”

Mises’s sound money principle calls for ending central banking once and for all and opening up a free market in money. Having brought to a halt political globalism for now, the new US administration has now also a once in a lifetime chance to make the world great again — simply by ending the state’s monopoly of money production.

If the US would move in that direction — ending legal tender laws and giving the freedom to the American people to use, say, gold, silver, or bitcoin as their preferred media of exchange — the rest of the world would most likely have to follow the example. That said, Mr. Trump could really make a real change, simply by embracing Mises’s sound money principle.

http://www.infowars.com/what-will-trump ... nk-cartel/
Full article here.

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