Monopoly Money vs. State-Issued Gold-Based Currency | Guest: Michael Maharrey | Ep 239
In the Economic War Room, we've been working on getting a state to make gold-based currency available to its citizens. For the five years that this program has existed, and for really ten years before that, we have been pushing gold as a currency as provided under the Constitution. Now this idea has made its way to the Texas legislature. Thomas Jefferson said, "Paper is poverty." And it's not even real money. It's just a shadow of money. And the problem with paper currency — we're seeing it today — is that the government can just fire up the printing press and make more when it wants to. Michael Maharrey from the 10th Amendment Center joins Kevin Freeman to talk about why this is so important and what this can mean to the average American.
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