Entries by Joe Miller

Ron Paul: US Should Legalize Competing Currencies Now

Governments have always sought to monopolize the issuance of money, either directly or through the creation of central banks. The expanding role of the Federal Reserve in the 20th century enabled our federal government to grow wildly larger than would have been possible otherwise. Allowing individuals and business to use alternate currencies, especially currencies backed by gold and silver, would expose the whole rotten system.