The Daily Paul has been archived. Please see the continuation of the Daily Paul at Popular

Thank you for a great ride, and for 8 years of support!
3 votes

Virginia moves closer to creating state's own currency

Lawmakers in Virginia say they want to keep their options open in case the value of the U.S. dollar ever collapses — so they’re considering minting state coinage.

The Washington Post reported Tuesday that a proposal to study the effectiveness of such a plan “sailed through” the state’s lower house this week:

The idea that Virginia should consider issuing its own money was dismissed as just another quixotic quest by one of the most conservative members of the state legislature when [Virginia Del. Robert G.] Marshall introduced it three years ago. But it has since gained traction not only in Virginia, but also in states across the country as Americans have grown increasingly suspicious of the institutions entrusted with safeguarding the economy.

Read more:

Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Just like Nordhaus use the US brand on his coins

Is Virginia planning to issue bills of credit?

Or Coin Money and suffer the Nordhaus disaster.

Why not keep it simple? Just legalize the Constitution.

Virginia pays bills with gold and silver Coin.

Verginia pays federal taxes with gold and silver Coin.

Virginia collects Constitutional taxes in gold and silver.

If a reputable private mint produce a half ounce ginnie, it would be traded on the basis of weight. A Silver Dollar defined a 371 4/16 grains of silver. Any Federal branding must be avoided avoided.

Free includes debt-free!

Cyril's picture

BUMP for Virginia striving to stay awake before reality.

BUMP for Virginia striving to stay awake before reality.

"Cyril" pronounced "see real". I code stuff.


"To study and not think is a waste. To think and not study is dangerous." -- Confucius

This can only be good

Thanks for posting