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Restore Sound Money in Michigan With HB 5577
I urge you to support HB 5577, which will bring our state closer to restoring sound money and adhering to the U.S. Constitution's monetary provisions.
The rampant inflation we've been seeing goes back to the unconstitutional Federal Reserve and our abandonment of constitutional money. The U.S. dollar has lost over 97 percent of its purchasing power since 1913, and the Fed's policies are ensuring that it will continue to become increasingly worthless.
Not only will HB 5577 allow gold and silver to be treated as money -- as they ought -- but it will help reduce our state's financial independence on the federal government, specifically the Federal Reserve. This bill also will help our state avoid the federal government's planned "Central Bank Digital Currencies," which severely threaten privacy and individual freedom.
Please support HB 5577, and fully restore sound money in Michigan.
Pass HB 5577 to Nullify the Federal Reserve
I strongly request that you support and enact HB 5577 to enforce the U.S. Constitution and nullify the Federal Reserve's unconstitutional monopoly on money.
The Federal Reserve has absolutely no constitutional basis. However, it has an inordinate amount of power over our country's finances and economy -- and the U.S. dollar has lost 97% of its value since the Fed's creation in 1913.
State officials -- including legislators -- have a duty, under Article VI of the U.S. Constitution, to uphold the Constitution and reject all laws not "made in Pursuance thereof." And passing HB 5577 would be a big step toward upholding the Constitution's provisions regarding money. This bill also would protect us from the federal government's plans for a Central Bank Digital Currency (CBDC), which will even further erode our privacy.
Please enforce the U.S. Constitution by enacting HB 5577.
Vote YES on HB 5577
I urge you to support and vote in favor of HB 5577. This bill is important for reducing Michigan's dependence on the federal government.
Currently the Federal Reserve -- a blatantly unconstitutional entity -- has a monopoly over money and monetary policy in the United States. The rampant inflation we're seeing, along with the fact that the dollar has lost 97% of its value since 1913, illustrates the effect it's had on our economy and society.
HB 5577 is needed to help nullify the Federal Reserve and its detrimental effects.
Also, HB 5577 is a good first step toward enforcing the Constitution’s monetary provisions. Article I, Section 10, of the U.S. Constitution plainly states that "No State shall...make any Thing but gold and silver Coin a Tender in Payment of Debts."
It’s long overdue that states begin to enforce this provision once again.
Please support and vote in favor of HB 5577.
Support HB 5577 -- Enforce the U.S. Constitution
I implore you to support HB 5577, which would be a significant step toward enforcing the U.S. Constitution when it comes to monetary policy.
Article I, Section 10 of the U.S. Constitution requires states to make only gold and silver "a Tender in Payment of Debts." Unfortunately, we've long abandoned this important provision. The result is the devaluation of the dollar, which is hurting Michigan residents -- along with our children's and grandchildren's futures.
HB 5577 is an important step to restoring adherence to both the U.S. Constitution and sound money. Please support this important bill.
Enact HB 5577 -- Restore Constitutional Money
Please enact HB 5577. This bill will help restore constitutional money in Michigan.
The Constitution recognizes only gold and silver as legal tender. Specifically, I refer to Article I, Section 8, Clause 5 and Article I, Section 10, Clause 1. Fiat money is not recognized.
This is for good reason. When we abandoned adherence to the Constitution, inflation skyrocketed. The dollar has lost 97% of its value since 1913, and this is devastating to the younger generations.
HB 5577 would help rectify this by helping Michigan return to constitutional adherence and recognizing gold and silver as legal tender. Please support this bill.