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Do You Think States Should Be Allowed to Mint Their Own Currency?

ABC News U.S. 2013/02/07 21:00:00
Related Topics: Currency
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Will Virginia start minting its own currency? It’s an idea worth considering, according to the state’s House of Delegates.

The lower chamber passed a bill Monday to study the possibility. The legislation, proposed by Manassas Republican Del. Robert Marshall, would create a new joint subcommittee made up of lawmakers, plus two outside experts, to “study the feasibility of a metallic-based monetary unit.”

The committee could spend up to $17,440 and would present its recommendations before the legislative session starts in 2014. Translation: Ten people would advise Virginia on whether to start making its own currency on a gold or silver standard.

minting currency

Read More: http://abcnews.go.com/blogs/politics/2013/02/virgi...

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Top Opinion

  • Transquesta 2013/02/07 21:30:32
    No
    Transquesta
    +36
    Article 1, Section 10, The U.S. Constitution:

    "No state shall enter into any treaty, alliance, or confederation; grant letters of marque and reprisal; coin money; emit bills of credit; make anything but gold and silver coin a tender in payment of debts; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts, or grant any title of nobility."

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  • Alexis Lynn 2013/02/08 00:27:39
    No
    Alexis Lynn
    +3
    That is one of the reasons why the Articles of Confederation didn't work. Each state having their own currency leads to instability and inflation.
  • Popeye Alexis ... 2013/02/08 23:17:45
  • THUNDERBOLT 2013/02/08 00:05:32 (edited)
    No
    THUNDERBOLT
    +2
    not really..... but its pretty cool that around a thousand people did this question and only 5 raves!
  • Chrissi 2013/02/08 00:01:56
    No
    Chrissi
    +3
    What,then, is the 'United States' all about?
  • lurch 2013/02/08 00:00:29 (edited)
    No
    lurch
    +2
    One more way for the commodity/currency traders to make a fortune, on the backs of US Citizens. We struggle as it is with oil speculators. Do we want another means to diminish our buying power?
  • Popeye lurch 2013/02/08 23:21:43
  • ☽Guru_Roy☼ 2013/02/07 23:58:35 (edited)
  • RoyJLores 2013/02/07 23:52:51
    Yes
    RoyJLores
    +6
    Anything even good old bartering would be better than the worthless fiat currency we use....
  • Idiot r... RoyJLores 2013/02/08 00:49:58 (edited)
    Idiot repubs
    +2
    You can send me yours then, bunker man.
  • RoyJLores Idiot r... 2013/02/08 02:11:53
    RoyJLores
    +3
    Typical liberty hating Statist authoritarian/fascist sheeple gibberish.
    typical liberty hating statist authoritarianfascist sheeple gibberish
    typical liberty hating statist authoritarianfascist sheeple gibberish
    typical liberty hating statist authoritarianfascist sheeple gibberish
    typical liberty hating statist authoritarianfascist sheeple gibberish
    typical liberty hating statist authoritarianfascist sheeple gibberish
    typical liberty hating statist authoritarianfascist sheeple gibberish
    typical liberty hating statist authoritarianfascist sheeple gibberish

    Now go back to your insipid reality show sheep...
    typical liberty hating statist authoritarianfascist sheeple gibberish insipid reality sheep
  • Idiot r... RoyJLores 2013/02/08 13:17:12
    Idiot repubs
    I don't know what you're trying to say Bunker man!
  • RoyJLores Idiot r... 2013/02/09 00:07:36
    RoyJLores
    +1
    Off course you don't you are a braindead sheep and will always be...

    braindead sheep


    And just FYI I don't live in a bunker that's just a reflection of the propaganda and indoctrination from all the Establishment Koolaid you have deposited on your cranium where your brain once long ago used to be...
  • Chest R... RoyJLores 2013/02/18 19:53:25
    Chest Rockwell
    +1
    Amen, brother.
  • joe mauro RoyJLores 2013/02/08 23:02:21
    joe mauro
    true
  • Popeye RoyJLores 2013/02/08 23:16:16
  • Dj Gill 2013/02/07 23:13:04
    No
    Dj Gill
    +5
    I don't really want to convert my money every time I leave the state.
  • Chest R... Dj Gill 2013/02/18 19:55:50
    Chest Rockwell
    The alternative is to allow inflation to sap the value of the dollars you hold, eventually to the point that they are worthless pieces of paper. Ever heard of Weimar Germany? History repeats itself.
  • bob h. 2013/02/07 23:08:08
    Yes
    bob h.
    +2
    Yes; as soon as they secede.
  • illinoyed bob h. 2013/02/08 03:05:29 (edited)
    illinoyed
    +1
    So, what nation are you working for? Russia? Iran? North Korea? You sure are anxious to have the states secede and for the United States to break apart and cease to exist.

    I know--China! You're working for China! If the U.S. falls, China takes it's place as the world leader.

    Freaking commie.
  • bob h. illinoyed 2013/02/08 23:47:17
    bob h.
    Whoa whoa, if the states secede, as Rick Perry is threatening to, the red states drain on the economy, which is kept afloat by the blue states, will continue to prosper for about 10 minutes. China right? How about looking at the money going to the cretin bible belt.
  • illinoyed bob h. 2013/02/10 02:30:47 (edited)
    illinoyed
    You were being sarcastic, I missed that. Sorry.

    Rick Perry has already reneged on his secession comments. He was pandering to the RWNJs during the GOP primary. Once he went back to being governor, he announced secession was off the table. He knows Texas would become a third world country overrun by Mexico without the largesse and protection of the federal government.
  • Popeye bob h. 2013/02/08 23:22:32
  • bob h. Popeye 2013/02/08 23:49:39
    bob h.
    Good idea. How about taking some Alabama bucks and spending them in NY. How about $900 to get on the subway?
  • CrimsonSeraph 2013/02/07 23:00:21
    No
    CrimsonSeraph
    +1
    No, it was already done in this country before the constitution we have now was in effect and look how well that worked. Article 1 section 8 gives congress the power to coin money.
  • Popeye Crimson... 2013/02/08 23:22:46
  • bob h. Popeye 2013/02/08 23:52:01
    bob h.
    The reason it might collapse is the Bible belt sucking the life out of the $US. Your patron saint Bush, cost the $US 47cts.
  • Popeye bob h. 2013/02/09 00:40:11
  • bob h. Popeye 2013/02/09 03:09:59
    bob h.
    Obama has ADDED 13 cts to the $US. and 7,000 pts to the DJ. Meanwhile, SC, MS, AL, LA, KS, GA, OK, TN, AR, ND, SD, all received 2x as much back as they paid in taxes. Meanwhile, Bush gave Wells Fargo 17B, AT&T 14B, Verizon 12B, GE 8B, Exxon 4B, IBM 8B, DHL 3B, GoldmanSachs 3B, proctorGamble 3B etc, etc. So tell me, where's this money going?
  • Popeye bob h. 2013/02/09 04:20:41
  • Anna 2013/02/07 22:17:12
    Yes
    Anna
    +5
    ?? candy coins LOL
  • Lerro DeHazel 2013/02/07 21:47:27
    No
    Lerro DeHazel
    No, that would create a mis-match in the value-of-currency, eventually . . . Some folks in Kansas would probably want to argue that their Dollar is far more VALUED in their own State than New York's . . . Particularly if you are asking some Ag-Retailer for some Corn-Seed to plant their crops.
  • Popeye Lerro D... 2013/02/08 23:23:08
  • bob h. Popeye 2013/02/08 23:53:50
    bob h.
    Replace w/ what? What's Mississippi going to back up it's money with, sugar cane? get real.
  • Popeye bob h. 2013/02/09 00:41:16
  • bob h. Popeye 2013/02/09 03:12:39
    bob h.
    The south will starve without NE subsidies.
  • Popeye bob h. 2013/02/09 04:22:55
  • Lerro D... Popeye 2013/02/09 21:00:25
    Lerro DeHazel
    +1
    All they have to do is be patient for 59 more cents MORE and they just might have it.
  • flrdsgns 2013/02/07 21:36:15
    No
    flrdsgns
    +3
    No, of course not
  • TuringsChild 2013/02/07 21:35:40
    No
    TuringsChild
    +4
    Not if you understand the Constitution. OTOH, the FED is a private bank and should NEVER have been given that power over us.

    rothschild quote care
  • Transquesta 2013/02/07 21:30:32
    No
    Transquesta
    +36
    Article 1, Section 10, The U.S. Constitution:

    "No state shall enter into any treaty, alliance, or confederation; grant letters of marque and reprisal; coin money; emit bills of credit; make anything but gold and silver coin a tender in payment of debts; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts, or grant any title of nobility."

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