Florida passed laws to make gold and silver fiat currencies for transactions. The bill is now heading to the governor's desk to sign it.
Originally, there was only one “no” vote, but HB 999, which unanimously passed the Senate, has established that “gold and silver coins are fiat currencies” with the aim of “payment of debt.” As a result, taxes will be removed from the exchange of items.
When asked by the writer at a press conference held in Destin, Florida this week, if he signed the bill, Gov. Ron DeSantis replied, “Yes, yes.”
Good friends
If you sign the law, Florida will join Arkansas. Governor Sarah Huckabee Sanders signed HB 1918 this month, allowing for the use of bullion depository agencies and the electronic system of precious metal support. Utah's state legislature passed a bill to allow precious metals to be used as trading currency, but Republican governor Spencer Cox refused. Representative Ken Ivory (R), sponsoring the bill, is hoping for an override of veto.
Representative Doug Bankson (R), who sponsored the bill, said on the House floor, “We have the ability to make Florida a gold standard for financial opportunity and freedom.”
The key leader behind the passage of the bill is host of Kevin Freeman's Economic War Room at Blazetv, whom New American has interviewed several times. “This started out as an idea in Texas two years ago,” Freeman told New American on the passage of HB 999.
It didn't pass, but I wrote a book by Pirates Money to explain how states can create fiat currencies for gold and silver transactions to help citizens fight inflation and financial tyranny under Article 1 of the Constitution. The grassroots army, the pirate money team, stood up and spread the word. This year, 25 states considered the law, and under Governor Sanders, Arkansas first handed this to the law! Florida handed this out in both homes and Governor DeSantis says he'll sign! This serves as a model that other states follow. The state should exercise the authorities granted under the Constitution, even when it comes to money!
Constitutional money
As Freeman explained, gold and silver currencies are constitutional issues. Article 10 of the Constitution requires that “states… cannot make money. They emit credit bills and bid anything other than gold and silver coins in debt payments.” Furthermore, Congress can “make money, regulate its value, modify the standards of foreign coins, and modify measurements.
Therefore, the Federal Reserve, unconstitutionally enacted by Congress, cannot issue Fiat money like US Federal Reserve bills.
The state's move to regain the constitutional mission of sound money is a development of encouragement in the ongoing struggle to regain America's greatness.
