Quote of the week...please share your favourite line from Ayn Rand's writings

“Happiness is that state of consciousness which proceeds from the achievement of one's values.”

Showing posts with label Gold Standard. Show all posts
Showing posts with label Gold Standard. Show all posts

Thursday, March 24, 2011

First steps towards a return to the Gold Standard?!

Utah passes bill to make Gold and Silver legal tender


In a defiant mood, Utah's House and Senate thumbed their noses at the US Federal Reserve by passing a bill to remove state taxes on the transfer of gold and allow shops in the state to accept payment in gold coins.


The Financial Times has a story on this historic move:

http://www.ft.com/cms/s/0/906b7668-557a-11e0-a2b1-00144feab49a.html#axzz1HVkD9v9Y