Wednesday, February 8, 2017

Will States Dump The Fed ???

Utah wants to dump the Federal (sic) Reserve System and restore real money. You can read about it here:

A quick read of our constitution will have you asking why we are using fiat money in the first place:

Article 1 Section 10 of the U.S. Constitution makes clear that only gold and silver are to be used as payment, but it is hardly what takes place in the modern economy:

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

Of course, once you realize that "our" government is no longer following our constitution, it will start to make sense.

How is this for a solution - let's declare all fiat money debts null and void and start over.

To use the language of Victoria Nuland, "Fuck The Fed".

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