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Repeal legal tender laws and allow competition of multiple commodity-backed currencies within the United States.

Created by D.M. on January 16, 2013

Many Americans would agree that inflation is a key problem in today’s economy and contributes to many financial difficulties. However, many more are growing aware of the Federal Reserve System and its control over the US money supply, which has only facilitated monetary inflation.
More people are looking for other safety nets against inflation, including commodities such as gold and silver and crypto currencies like Bitcoin, which have appreciated in value against the US Dollar.
Please consider repealing of legal tender laws as a means of giving Americans more options to combat inflation; the key option being to avoid trading in this currency entirely. By allowing various gold and silver-backed currencies to compete domestically with the Federal Reserve, monetary stability is more likely.

Economy & Jobs
Government & Regulatory Reform
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