Friday, March 11, 2011

Utah Accepts Gold and Silver as Money

At least someone has a brain in their head.
The Senate gave final approval Thursday to a bill taking the first step to recognize gold and silver as legal tender in the state.
“It will put some pressure on the federal government. That’s the goal here because right now we have a dollar that’s just running away with inflation and our hope is that this is a little bit of a shock that’ll say we want to deal with inflation,” Senate Majority Leader Scott Jenkins, R-Plain City, Senate sponsor of the bill, said in earlier debate. He gave senators gold chocolate coins on Thursday before debate.
Read more at the Salt Lake Tribune.

Lets see what affect this has on the remaining states pondering similar legislature.

Now what about us? The people who's religion demands solid money? We ape whatever the west does wrong, but do we ever think of adopting what it does right?

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