This is the best bill I have seen in a long time. It would effectively end the Federal Reserve System, put the creation of money back into Congress and the Treasuries hands, get rid of our debt-based currency and replace it with a wealth based currency. This is a return to our constitutionally mandated monetary system. I can not stress this bills importance enough. If this bill was to pass (doubtful) we would have a mandate to maintain our currencies value instead of having a 2% inflation mandate that the Fed seems to think it has. Having a wealth based currency that would maintain the value of our currency would mean that money earned now would have the same value 20 years from now. It would mean that lower and middle class families would have savings accounts that actually grow in real terms.
The Need Act
Its time for people like Ron Paul and Rand Paul, along with other "libertarians" or "Austrian's" to show that they are true to their word by voting for this bill.
I will do a more in-depth rundown of why this is needed in a few days, but I am still reading through parts of it.
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