Time to Hedge State Reserve Funds with Gold
April 5th, 2017 • Financially prudent individuals set aside surplus funds to protect against unforeseen expenditures. This way, when faced with loss of income, house repairs, car trouble, or anything else, they will have a buffer against unanticipated downturns.
Idaho Democrat Leader Brain Malfunction: “We Can’t Say Gold Is Going to Protect Us from Inflation When [It Has Risen from] $27 an Ounce to $1,218 an Ounce”
March 16th, 2017 • The Dunning-Kruger effect is the idea that low-ability people tend to suffer from illusory superiority. The phenomenon, first studied by David Dunning and Justin Kruger, says that people who know the least tend to overvalue their own competence, and tend
Idaho House of Representatives Votes Overwhelmingly to Remove Income Taxation from Precious Metals
March 14th, 2017 • By an overwhelming 56-13 margin, the Idaho House of Representatives has voted to end all Idaho taxation on precious metals, e.g. gold and silver coins and bars.
Maine Law Would Support Ownership of Sound Money
March 8th, 2017 • A freedom-minded Maine legislator has introduced a proposal to remove sales tax on precious metals purchases, removing a disincentive for individuals to protect themselves against the disastrous effects of the Federal Reserve bank.
Sound Money Is Rising at the State Level
March 7th, 2017 • Inflation is the most pernicious of taxes levied by our government. Officials systematically devalue the Federal Reserve Note “dollar,” then levy capital gains taxes on assets when their dollar price rises.
Idaho Bill Would End Taxation of Gold and Silver
February 24th, 2017 • The Framers of our nation established that gold and silver are money, but federal taxing authorities in recent decades have required taxpayers to pay taxes on this form of money when its exchange for Federal Reserve Notes results in nominal capital “gai
Alabama Bill Would Help Encourage Use of Gold and Silver as Currency
February 22nd, 2017 • A bill introduced in the Alabama House last week would remove sales taxes from the purchase of gold and silver, encouraging its use and taking the first step toward breaking the Federal Reserve’s monopoly on money.
Tenth Amendment Center: Taking on the Federal Reserve
February 21st, 2017 • Featuring Sound Money Defense League's work on steps states can take to promote sound money, the Tenth Amendment Center released an episode of their series, Nullify, focusing on the Federal Reserve
Arizona House Passes Bill to Support Sound Money
February 15th, 2017 • An Arizona bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency, passed the House today. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money.
When Government Acts, “Unintended Consequences” Follow
February 7th, 2017 • In 1850, French economist Frédéric Bastiat published an essay that is misunderstood, or more often, unread, titled, “That Which is Seen, and That Which is Not Seen.” Bastiat brilliantly introduced the idea of opportunity cost and, through the parabl
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