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Arizona Nixes Pm Legal Tender

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Valued Member

Canada
497 Posts
 Posted 05/04/2013  8:22 pm Show Profile   Bookmark this topic Add west- canuk to your friends list Get a Link to this Message Number of Subscribers
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 05/04/2013  8:32 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply
Blah I wouldn't want to use my silver to pay for things now anyway, atleast not while the crappy paper money still has some value.
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Libertad's Avatar
Canada
3692 Posts
 Posted 05/05/2013  1:05 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
It's my opinion that we don't have inflation per se, but that there's a growing gap between essential services and non-essential services to the point that we have to jam in all of those useless services in the lower dollar bracket to make them affordable. Tanning vs dental appointment. A dollar used to go a long way, but now there are thousands of junk foods, video games, magazines that get in the way and millions of jobs get exported to China. So there's all this money to go around but in less hands, and that money goes to less useful causes. Just an opinion. I think gasoline is that meter stick. Where a liter costs 1.25-1.35, hundreds of other things below that price point have to be enumerated and it wouldn't be possible to make those things worth 0.25 of a cent. I think that the money supply is expanding and low-cost items have to be crammed into the below one dollar range to give them a market.

Lol, end rant.

As to legal tender PMs: Think about this. The US Constitution gives the states a monopoly on the issuance of money, which is an argument against central banks. There would also be an imbalance between the states and their capacity to issue PMs as money. Paper money CAN work, but only when there are strong audits and a given value placed on goods and services. Unfortunately, I think that the mass media plays a huge part in the problem because they have the power to control your mind and make you believe that you should buy certain products that ultimately do nothing for your soul.

Personally, I think that America is not ready to come down from its high that is the American Dream. The media must change for the better. There must be free access and wide availability to tv stations to produce grass-roots programming. The internet must never be censored. What is needed is good educational tools to bring the message home that the financial system is corrupted and the reasons behind it.
Edited by Libertad
05/05/2013 1:07 pm
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Airw0lf's Avatar
United States
178 Posts
 Posted 05/10/2013  07:15 am  Show Profile   Bookmark this reply Add Airw0lf to your friends list Get a Link to this Reply
yea here in Utah is all ready legal tender but nobody pay with that , wait ... may be some people do that, thats why I got some silver quarters and dimes in my change .... lol
Edited by Airw0lf
05/10/2013 07:18 am
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