Collapse of the Dollar (Pt 3 of 7): Testimony in Support of the Montana Sound Money Bill

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On March 12, 2009, the Montana House State Administration Committee held a hearing on HB 639, the Sound Money Bill. The purpose of this bill is to begin to reassert Article I Section 10 of the United States Constitution, which states that, "No State shall... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts.

This is the expert testimony of Dr. Lawrence (Larry) Parks at that hearing.

Dr. Parks is the Executive Director of FAME.org (http://www.FAME.org), whose Board of Advisors includes Ron Paul, Lew Rockwell, Edwin Vieira, and other heavy-hitters who advocate sound money.

Visit http://MontanaSoundMoney.org for more information on the Montana Sound Money Bill.

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[VS24AT]

my onkool has a 3 doller bill

[Questfortruth86]

What's wrong with a 100% reserve gold standard?