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Virginia Proposes Alternative Currency In Case Of Federal Reserve Collapse

• npr.org
 

The Commonwealth of Virginia is taking a step in the what-if direction. What if there is a total monetary collapse in the U.S., hyperinflation and the complete loss of confidence in paper money. Now, you may say that we have a lot more realistic current and imminent economic problems to tackle, but Robert Marshall, a Republican state delegate from Prince William County, Virginia, wants the state legislature to study his proposal and it was, in fact, approved for study by a House subcommittee.

He proposed an alternative currency, something other than the dollar. Mr. Marshall, welcome to the program.

ROBERT MARSHALL: Well, I'm proposing more than that and actually the update is that the entire House of Delegates approved it.

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