Thursday, December 10, 2009

Ron Paul's Newest Bill: Free Competition in Currency Act of 2009

Congressman Ron Paul has introduced a new bill in the House of Representatives.

The bill calls for the elimination of legal tender laws, the elimination of laws that prohibit the operation of private mints and the elimination of capital gains and sales taxes on gold and silver coins.

His statement introducing the bill in the House is here.


  1. Sadly, the reason that this will be struck down is the same reason why it's a good idea.

  2. Does anyone have any common sense??? Sure, why not just let everyone print their own money. I'd love to print a million or two and put it in the bank. Who would ever need to work again? How did this guy ever get elected?