Bill to study ‘alternate currency’ for Virginia inches forwardSubmitted by bobbyw24 on Sat, 01/26/2013 - 10:43
RICHMOND — Virginia takes pride in having its own culture and history, its own unique way of doing business.
But does the commonwealth also need its own money?
Maybe so, says Del. Robert Marshall (R-Prince William), who is pushing a bill in the General Assembly that would mandate a study of whether the state “should adopt an alternate medium of commerce or currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System.”