Could gold and silver soon be legal tender in Florida?
Jimmy Patronis, Florida’s chief financial officer, launched a study to analyze the use of gold and silver to purchase goods and services in the Sunshine State.
“I’m launching this study to determine the best way to get it done,” Patronis said, according to News4JAX.
“I’ve also included in the framework of the study that gold and silver cannot be taxed as property for the purposes of using them as money. Families and businesses don’t need higher taxes; they need innovative solutions to help them grow,” he added.
Florida exploring the possibility of using gold and silver as currency.
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News4JAX reports:
Officials said it could create a currency competition that would reduce the effects of “ongoing financial abuses” like “de-banking.”
Keef Jones, the manager of Jacksonville Gold Exchange likes the idea.
“Gold and …