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In Blow to Federal Reserve, Arizona Just Legalized Gold and Silver as Currency

• LewRockwell.com By Shaun Bradley

Unfortunately, precious metals haven't followed in crypto's footsteps yet, and heavy losses over the last few years have led many people to write off the asset class altogether. Owning things like gold and silver in the United States has either been outlawed or stigmatized since the Great Depression, but recently, real progress has been made towards once again recognizing them as legal tender.

In anticipation of the growing problems with the national debt, individual states across the country are seizing the opportunity to protect themselves and their citizens from financial repression. Twenty states have already eliminated sales taxes on precious metals transactions, but some are taking it even further.


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