Rep. Ron Paul introduces bill to repeal legal tender laws

In his weekly column, Texas Straight Talk, Congressman Ron Paul reports that he has introduced a bill to repeal legal tender laws, which would force the Federal Reserve note to compete with “alternate currencies” in the market and help to reign in the profligate borrow-and-spend policies of both parties.

This entry was posted on December 20, 2009 at 6:37 am and is filed under The Political Money System. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

New currencies popping up in Britain Says:
February 7, 2010 at 6:21 am | Reply
[...] we have legal tender laws in the U.S. Ron Paul is trying to repeal them, but probably won’t have any [...]

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