Virginia to Consider Minting Its Own Coins…(Go Virginia!!)

Wednesday, February 6, 2013
By Paul Martin

By John Johnson
Newser.com
Feb 5, 2013

Virginia is apparently for haters of the Federal Reserve: One state legislator wants the state to mint its own coins in case the US dollar collapses. It may sound pie-in-the-sky, but Virginia’s House of Delegates agreed yesterday to set up a $17,000 panel to explore the move, reports the Washington Post. The Virginian-Pilot sees the measure by Republican Bob Marshall as a “conservative shout-out,” but Marshall insists he’s serious.

“We can’t mint money, but we can mint gold and silver coins,” he explained previously, reports NBC News. “It sounds like a small difference, but it is a difference legally. If you look closely on a [dollar] bill, it doesn’t say that it’s money. It says it is legal tender ‘for all debts, public and private.’” What’s more, Virginia isn’t alone in considering the notes, reports CNN. Here’s the nitty-gritty of Marshall’s bill.

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