As America faces the twin threats of inflation and bank failures, three U.S. congressmen introduced a pivotal sound money bill that would enable the Federal Reserve note “dollar” to regain stable footing for the first time in more than half a century. Rep. Alex Mooney (R-WV) - joined by Reps. Andy Biggs (R-AZ) and Paul Gosar (R-AZ) - introduced
Listen to the Audio Mises Wire version of this article. More state lawmakers than ever are introducing sound money legislation in the opening days of the 2021 legislative session. Several states will consider measures to remove sales or general excise taxes on the purchase of gold, silver, and other precious metals. Many other states will
After the Consumer Price Index surged last year to its highest level since 1982, politicians are feeling pressure from constituents to do something about it. On Monday, President Joe Biden announced $1 billion in grants, loans, and other assistance for small meat producers. Another costly government program will, supposedly, help tame rapidly
With Governor Kay Ivey’s signature on sound money legislation today, Alabama has become the second state this year to expand its sales tax exemption involving gold and silver. Alabama Senate Bill 13, championed by Sen. Tim Melson and Rep. Jamie Kiel, passed with unanimous support out of the Alabama Senate and then passed unanimously through the
As state legislatures clear out and head home for the summer, one reality has emerged: Sound money is a winning issue in the states. At a time of record-high inflation and geopolitical uncertainty across the globe, states are wisely taking steps to better enable citizens to acquire, sell, and/or use gold and silver. Last year, Arkansas and Ohio
The current bout of inflation is the latest disaster in a string of disasters caused by government debasement of once sound money. Original Article: “ History Repeats Itself: Abandoning Sound Money Leads to Tyranny and Ruin” This Audio Mises Wire is generously sponsored by Christopher Condon.
On this episode of Radio Rothbard , Tho Bishop is joined by JP Cortez of the Sound Money Defense League ( SoundMoneyDefense.org ). JP, a Mises U alum, talks about the ongoing legislative battles over money at the state level. Which states are doing the most to challenge the Fed? What are some of the most important policies worth fighting for in
Utah Governor Spencer Cox has signed legislation explicitly empowering the state treasurer to protect state funds with an allocation to physical gold and silver. Sponsored by Rep. Ken Ivory, House Bill 348 permits – but does not require – the Treasurer to hold up to 10 percent of certain state reserve accounts in physical gold and silver to help
Responding to an overwhelming groundswell of grassroots pressure, Gov. Tony Evers today signed a bill into law that secures Wisconsin’s place as the 44th state in America to end sales taxes on the purchase of precious metals. Assembly Bill 29 and Senate Bill 33, carried by Rep. Sortwell and Sen. Stroebel, respectively, enjoyed strong bipartisan
More state lawmakers than ever are introducing sound money legislation in the opening days of the 2021 legislative session. Original Article: “ State Legislators Are Considering a Host of New Sound-Money Reforms “ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
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