Arizona has started to undermine the Federal Reserve.

Yesterday, Arizona Governor Doug Ducey signed bill HB 2014 into law.

HB 2014 defines gold, silver, and other precious metals as legal tender and exempts them from capital gains taxes, thus allowing Arizona residents to use precious metals as money instead of Federal Reserve notes.

This is the unfolding of currency competition against the Federal Reserve monopoly. Maybe other states will now follow in Arizona’s game-changing footsteps. …

Continue reading...