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IPFS News Link • Federal Reserve

Ending the Fed From the Bottom Up

• Tenth Amendment Center
In contrast to End the Fed attempts at the national level, a paper recently presented at the Mises Institute’s “Austrian Scholars Conference” proposes an alternative approach to ending the Federal Reserve’s monopoly on money: the “Constitutional Tender Act.” This is a bill template (first introduced by Georgia State Rep. Bobby Franklin) that can be introduced in every State legislature in the nation, returning each of them to adherence to the U.S. Constitution’s “legal tender” provisions of Article I, Section 10.