Ohio Legislators propose state currency backed by silver and gold [View all]

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.