Ron Paul and Norm Singleton Praise passage of Arizona

Campaign for Liberty Chairman Ron Paul and Campaign for Liberty President Norman Singleton issued the following statements regarding the Arizona Senate’s passage–and Arizona Governor Doug Ducey’s signing– of  HB 2014. HB 2014 defines gold, silver, and other precious metals as legal tender and exempts them from capital gains taxes, thus allowing Arizona residents to use precious metals instead of Federal Reserve notes. Dr. Paul testified before the Arizona Senate Finance Committee in support of the bill in March. Ron Paul:  Every supporter of fee-markets should cheer Arizona’s passage of HB 2014. There is no more justification for forcing individuals to use government-created money than there is for forcing them to drive government-manufactured cars. In fact, as the Federal Reserve’s 114 years of failure shows, giving monopoly control over our money supply to a secretive central bank is the most dangerous form of government intervention. By allowing the people of Arizona to use an alternative to Federals Reserve-created fiat currency HB 2014 will help the people of Arizona survive the next Federal Reserve-created recessions. Passage of this bill will also help maker Arizona more attractive to the growing number of people seeking alternatives to fiat money in order to protect themselves, their families, and their business from the effects of Federal Reserve policy. Thus this bill will help attract new investments and jobs to Arizona. I hope other states follow Arizona’s lead and pass legislation protecting him right of their citizens to choose to use precious metals instead of the Federal Reserve’s consistently depreciating fiat currency. Norm Singleton: Congratulations to Arizona Campaign for Liberty for their successful efforts to pass HB 2104 through the Arizona Senate and then convincing Governor Ducey to reverse positions and sign the bill into law. Campaign for Liberty is planning to work with activists across the country to get more state legislators to follow Arizona’s lead. We will also work to take the first step toward changing our nation’s money monopoly by getting Congress to vote on–and pass- Audit the Fed.