States consider alternative currencies of gold and silver | CNN Money

Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, more than a dozen states have proposed using their own alternative currencies of silver and gold.

Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option.

Can you imagine if you had to exchange your currency every time you crossed the state line?

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  1. ym1993bb reblogged this from moneyisnotimportant
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  4. blowingonembers said: Geographically speaking I was used to this until the € came into effect… it’s really not that big a deal.
  5. alea reblogged this from moneyisnotimportant
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  10. jo4love said: I’d pick a darn good state to live in and not leave it. :/
  11. philosophyofdrawing said: It’s easy to imagine, what troubles me would be exchange rates. I thought competing currencies would eventually lead to stronger currencies?
  12. garrettshaw said: BITCOINS
  13. moneyisnotimportant posted this