Money is one of the most misunderstood topics of our time, and we’re seeing the implications of this play out every day. To understand money, one first must first understand that human beings have always been incentivized to participate in exchange. If humans could not, or did not, trade, most people would die young from starvation, disease, or
Wyoming, Texas, and South Dakota are the three most pro–sound money states in America, according to the 2021 Sound Money Index. Meanwhile, Vermont is ranked absolutely last. Released last month for 2021, the Sound Money Index uses twelve criteria to determine which states maintain the most pro– and anti–sound money policies in the nation. The
Tennessee Gov. Bill Lee has signed a measure into law that would empower the State Treasurer to invest state funds in physical gold and silver. House Bill 1479 , introduced by Rep. Bud Hulsey, passed out of the House of Representatives on Monday with a 98-0 vote. A week later, the same bill received a 33-0 vote in the Senate. In an exclusive
State lawmakers of both houses have just voted overwhelmingly to exempt physical gold, silver, platinum, and palladium coins and bullion from the Mississippi state sales tax, sending the bill to Governor Tate Reeves (R) for his signature. Senate Bill 2019 , sponsored by Sen. Chad McMahan (R – 6), passed yesterday out of the full senate by a vote
The Idaho State House today approved a bill to enable the State Treasurer to protect state funds from inflation and other financial risks by holding some physical gold and and silver. State representatives voted 40-29 to pass House Bill 180 , the Idaho Sound Money Reserves Act, sending the measure introduced by Representative Barbara
Sound money advocates are rejoicing as House Bill 1718, the Arkansas Legal Tender Act has become the law in the Natural State. Backed by the Sound Money Defense League , Money Metals Exchange , and sound money advocates and supporters throughout the state, HB 1718 reaffirms gold and silver as legal tender, as well as ends all taxes on purchase,
With the stroke of Gov. Tate Reeves’s pen on Wednesday, Mississippi has become the 43 rd state in the country to end sales taxes on the purchase of physical gold, silver, platinum, and palladium coins and bullion. Senate Bill 2862, sponsored by Sen. Juan Barnett (D-34), had passed out of the full senate by a vote of 52-0 and sailed through the
The Wyoming State Senate today voted 16-15, on a bipartisan basis, to pass a bill prompting the Wyoming state treasurer to hold gold and silver “specie” to protect the state – as well as establish a process to receive certain tax payments in specie. Introduced by Senator Bob Ide (R-Casper), SF 101 amends and further implements the Wyoming Legal
A large bipartisan contingent of Wisconsin legislators seek to end Wisconsin’s controversial practice of levying sales tax on purchases of gold and silver. Senate Bill 33, primarily sponsored by Sen. Duey Strobel (R - Saukville) and Sen. Rachael Cabral-Guevara (R - Appleton), and cosponsored by Rep. Shae Sortwell, enjoys wide support – and would
The Missouri Senate today passed legislation that would prompt the state treasurer to hold at least 1% of state funds in gold and silver while eliminating all state income taxes on monetary metals. In a growing national backlash to the rampant inflation caused by massive federal spending, debt, and central bank money printing, more than a dozen
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
