Whereas: Congress created the Federal Reserve in 1913, and
Whereas: In the 104 years since its creation, the value of the dollar has fallen by over 96%, and
Whereas: The Federal Reserve has been allowed to manipulate the value of the dollar as a direct result of lack of competing currencies, and
Whereas: History has shown that the average lifespan for fiat currency is 100 years, and
Whereas: Tennessee's Legal Tender Act (HB 1323 / SB 978) would allow for competing currencies, protect Tennessee citizens from the ill effects of Federal Reserve policy, and attract new investments and jobs to Tennessee, among other benefits.
Therefore, I urge you to vote “YES” on The Legal Tender Act at every opportunity.