TexasCHLforum.com

Virginia moves closer to creating state’s own currency

How about Texas?

http://dailycaller.com/2013/02/06/virgi ... -currency/" onclick="window.open(this.href);return false;

To me it sounds like a poor idea.

I say no politicians on any money!

My take for the face on the front and the landmark on the back!

1 Texan Buck; Buck Owens The new Dallas Cowboys stadium
5 Texan Bucks; Larry Hagman and The Big Texan in Amarillo
10 Texan Bucks; Howard Hughes Competing Texas A&M and U of Texas symbols!
25 Texan Bucks; Mary Kay Riverwalk in San Antonio ( I always thought a $25 bill would be cool! I mean we have a quarter for change but 20 dollars for a bill???)
100 Texan Bucks; Chester Nimitz and the Alamo

shouldn't one of the Texas bills have an STI 2011 and a Larue AR-15?

:-)

ghostrider wrote:shouldn't one of the Texas bills have an STI 2011 and a Larue AR-15?

:-)

You are so right...how could I forget guns displayed on our Texas Money!

Let's just go with every bill will have a firearm as the watermark to help cut down on the counterfeiting!!

Wasn't there something in the constitution about congress having authority in the area of currency?

Remember the Alamo!

I think the shiner beer emblem would make a nice .50/Half dollar coin!

The VA proposal would use coins made from precious metals. Different than paper currency, since the coin itself would have a market-based intrinsic value and not be linked to any government control.

The coins could potentially be minted in weights of gold and silver... Not very practical.

A 0.1 ounce gold coin, for example, would need to be made from more than just gold, since the value of 0.1 ounces of gold is roughly $170.00 today, but that little amount of gold would be difficult to handle as a coin, it's too small and too easy to bend out of shape if it's pure gold or even 14K.

Silver would be the likely choice for small value coins, maybe even copper. Both are easily tarnished.

Factually speaking, using precious metal for "currency" is impractical. Too easy to counterfeit with plating, and who wants to carry around only coins? I dump all my coins in a bucket, I can't stand to have them in my pockets.

I'm all for the spirit of flipping the bird to the feds, however.

My family was stationed in Germany in the mid 60s. The old gentlemen we rented from had seen the national currency completely devalued 3 times in his life. He owned a small orchard where he raised swichens. (not sure of spelling) These are a kind of plumb if I remember correctly.
He used them to make schnapps. He had a pretty good supply of schnapps stored in at least two underground cellars. He told us that when things got really bad, schnapps was more valuable than gold. It could be used for barter as well as having it's own intrinsic value as an antiseptic, source of calories, and drink.
I suppose you could bottle it in various sizes for differing denominations. Not sure how well it'd fit in your wallet or a vending machine though. And I guess there'd always be the problem of counterfeiting.

BigGuy wrote:My family was stationed in Germany in the mid 60s. The old gentlemen we rented from had seen the national currency completely devalued 3 times in his life. He owned a small orchard where he raised swichens. (not sure of spelling) These are a kind of plumb if I remember correctly.
He used them to make schnapps. He had a pretty good supply of schnapps stored in at least two underground cellars. He told us that when things got really bad, schnapps was more valuable than gold. It could be used for barter as well as having it's own intrinsic value as an antiseptic, source of calories, and drink.
I suppose you could bottle it in various sizes for differing denominations. Not sure how well it'd fit in your wallet or a vending machine though. And I guess there'd always be the problem of counterfeiting.

No one wants to make change using a funnel.

Dave2 wrote:Wasn't there something in the constitution about congress having authority in the area of currency?

But with the federal reserve act, the delegated that authority. Now we, the taxpayer pays taxes. The IRS deposits the tax monies in the Federal Reserve. The congress comes to the federal reserve and says we nee "X" amount of money. The federal reserve secures a bond from the government to pay for printing and interest, prints the money and we see it in circulation worth less than was paid for it.

And yes, the forefathers warned against a central bank...and a two party system.

psijac wrote:

BigGuy wrote:My family was stationed in Germany in the mid 60s. The old gentlemen we rented from had seen the national currency completely devalued 3 times in his life. He owned a small orchard where he raised swichens. (not sure of spelling) These are a kind of plumb if I remember correctly.
He used them to make schnapps. He had a pretty good supply of schnapps stored in at least two underground cellars. He told us that when things got really bad, schnapps was more valuable than gold. It could be used for barter as well as having it's own intrinsic value as an antiseptic, source of calories, and drink.
I suppose you could bottle it in various sizes for differing denominations. Not sure how well it'd fit in your wallet or a vending machine though. And I guess there'd always be the problem of counterfeiting.

No one wants to make change using a funnel.

Would be good for barter though