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10/25/2020

Liberty Pulse

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Virginia Creates Subcommittee To Study Monetary Alternatives In Case Of Terminal Fed ‘Breakdown’, Considers Gold As Option

1 min read

Virginia Creates Subcommittee To Study Monetary Alternatives In Case Of Terminal Fed ‘Breakdown’, Considers Gold As Option

In what may one day be heralded as the formal proposal that proverbially started it all, the Commonwealth of Virginia introduced House Resolution No. 557 to establish a joint subcommittee to “to study whether the Commonwealth should adopt a currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System.”…

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