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doc03

(38,572 posts)
Thu Oct 30, 2025, 09:46 AM Thursday

Ohio 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.

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NCDem47

(3,189 posts)
1. Well, they see their messiah hell bent on tanking the US Dollar
Thu Oct 30, 2025, 09:51 AM
Thursday

Setting the stage.

Carrying around gold bullion will be heavy!

doc03

(38,572 posts)
5. I assume it would be Ohio currency backed by silver and gold like when the US
Thu Oct 30, 2025, 09:57 AM
Thursday

currency was a called a Silver Certificate. Maybe they will bring back the Company Store Ernie Ford sang about.

Chasstev365

(6,588 posts)
2. Did anyone give William Jennings Bryan 1896 Cross of Gold speech?
Thu Oct 30, 2025, 09:52 AM
Thursday

Who knew the Silverites were back?

walkingman

(10,026 posts)
3. They must think the zombie apocalypse is near? Looks like Trump and Co. might be getting close
Thu Oct 30, 2025, 09:54 AM
Thursday

to filing another bankruptcy....an American one.

unblock

(55,746 posts)
4. Unconstitutional, article I, section 10.
Thu Oct 30, 2025, 09:54 AM
Thursday

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)

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