A South Carolina state politician wants the state to develop its own gold and silver-based currency in case theFederal Reserve collapses and hyper-inflation ensues. “If folks lose faith in the dollar, we need to have some kind of backup,” State Sen. Lee Bright told the Spartanburg Herald Journal’s Stephen Largen. His bill asks a committee to look into the development of a state currency, citing the Constitution and Supreme Court precedents to prove the bill’s legality. Slate’s Annie Lowrey tracks down similar bills in Georgia and Virginia, and points out that the legislation reflects a larger trend of state politicians wading into monetary policy. A bill in Georgia would require all debts to the state be paid in pre-1965 gold and silver coins. The Virginia proposal would let the state print its own money. Meanwhile, one politician in Utah wants to cut out the middleman entirely and allow the state’s residents to run their very own mints.
Survivalists are subject to negative stereotyping - with good reason. However, we aren't all tin-foil hat wearing, conspiracy theorist Chicken Littles.
My Goal: Provide a skeptical, balanced, and rational environmental scan of current news and commentary about Dramatic Change Events (DCE).
About me: A tolerant, socially liberal, gun owning, food-stocking, information science professional and former native of eastern Kentucky who questions everything, but doesn't ignore the signs that dramatic changes are happening all over the world - every day.
Who cares about speculation on the causes at this point, I'm watching the symptoms.
Topics: Global food crisis, survivalism, emergency preparedness, natural disasters, economic crisis, currency revaluation, inflation, peak oil, climate change, personal security, firearms, civil liberties, privacy, domestic surveillance, and more.
Email Contact : skeptical [dot] survivalist [at] gmail [dot] com
My Goal: Provide a skeptical, balanced, and rational environmental scan of current news and commentary about Dramatic Change Events (DCE).
About me: A tolerant, socially liberal, gun owning, food-stocking, information science professional and former native of eastern Kentucky who questions everything, but doesn't ignore the signs that dramatic changes are happening all over the world - every day.
Who cares about speculation on the causes at this point, I'm watching the symptoms.
Topics: Global food crisis, survivalism, emergency preparedness, natural disasters, economic crisis, currency revaluation, inflation, peak oil, climate change, personal security, firearms, civil liberties, privacy, domestic surveillance, and more.
Email Contact : skeptical [dot] survivalist [at] gmail [dot] com
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