Federal Reserve
Arkansas Law Takes Step Toward Treating Gold and Silver as Money
LITTLE ROCK, Ark. (July 1, 2021) – Today, an Arkansas law exempting gold and silver bullion and coins from sales tax goes into effect. The new law will relieve some of the tax burdens on investors, and it will also eliminate one barrier to using gold and silver in...
It All Started with the Central Bank
The arguments supporting the creation of the First Bank of the U.S. became the basis for a loose constitutional construction that flipped the system on its head. Instead of a federal government exercising powers “few and defined,” it gave us a central government with...
Alexander Hamilton’s Worst Flip Flop
Alexander Hamilton went from arguing that the federal government would only have “expressly delegated” powers during the ratification debates, to saying there was a vast reservoir of “implied powers” when he needed them to get a national bank. Path to Liberty. Fast...
New Jersey Bill Would Take Step Toward Treating Gold and Silver as Money
TRENTON, N.J. (June 4, 2021) – A bill introduced in the New Jersey Assembly would exempt gold and silver bullion coins from state sales and use taxes. Passage of this bill would not only relieve some of the tax burdens on investors, but it would also eliminate one...