.…Whether it succeeds or not is not the question … but …UTAH the state home to the quite economically powerful Church of Jesus Christ of Latter Day Saints (LDS) to contemplate such action which can quickly spread to those areas where their influence is substantive…???
UTAH MAY SOON DUMP FEDERAL RESERVE: “PUT TRUST BACK IN GOD AND GOLD, RATHER THAN CENTRAL BANK”
[2/7/17] MAC SLAVO-States fed up with the phony, manipulated central bank currencies are starting to move away from the failing system – and prepare to hedge themselves against the worst case scenarios of monetary collapse.
Though the Federal Reserve clearly dominates the U.S. and global economy, some U.S. states are making moves to reestablish real money, and shift away from the burdensome and oppressive central bank currency.
With the financial system so broadly manipulated by central bank printing – and the experiment over the past eight years of zero interest, unlimited – many leaders are looking for a safe haven and a guard against the downturn of weak spots of debt-based money printing as the default means of exchange.
Put more simply, Utah may soon lead the way of putting “trust” back in God and gold, rather than in God and the Federal Reserve.
A new law proposed in the House there would allow for a repository of physical gold, and encourage and facilitate official business of the State being conducted with funds backed by or drawn from the value of this stored wealth – a subtle move that is nonetheless revolutionary in scope.
According to the 10th Amendment Center:
A bill introduced in the Utah legislature would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on money.
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