Ohio
Related: About this forumOhio Legislators propose state currency backed by silver and gold
COLUMBUS, Ohio (WCMH) Ohioans could soon buy their groceries or morning coffee with silver and gold instead of the American dollar.
House Bill 206, introduced by Reps. Jennifer Gross (R-West Chester) and Riordan McClain (R-Ashland), would establish a state currency based on gold and silver. The bill directs the state treasurer to set up a transactional currency rooted in silver and gold to address concerns with the value of the U.S. dollar.
https://www.msn.com/en-us/politics/government/ohio-legislators-propose-state-currency-backed-by-silver-and-gold/ar-AA1PpHGu
I don't really understand what this is meant to accomplish, but since it is coming from the Republicans, I doubt it is good.
NCDem47
(3,189 posts)Setting the stage.
Carrying around gold bullion will be heavy!
doc03
(38,572 posts)currency was a called a Silver Certificate. Maybe they will bring back the Company Store Ernie Ford sang about.
ret5hd
(21,917 posts)how much are you going to have to carry?
Chasstev365
(6,588 posts)Who knew the Silverites were back?
walkingman
(10,026 posts)to filing another bankruptcy....an American one.
unblock
(55,746 posts)States can't have their own currencies.
Apparently they can have gold or silver token. Not really a separate currency, just a share of gold or silver. Changes value exactly as does the metal. That's ok, but it's not really a currency.
Response to unblock (Reply #4)
doc03 This message was self-deleted by its author.