By Liberty Report Staff
Undermining the Federal Reserve received a major boost yesterday. Arizona Governor Doug Ducey signed into law a bill that eliminates capital gains taxes on gold and silver, thus allowing Arizona residents to use precious metals as currency instead of Federal Reserve notes.
Currency competition against the monopolist Fed is starting to unfold. Let's hope that other states follow in Arizona's heroic footsteps. There's no reason to wait for another severe financial crisis to act.
Read Ron Paul's statement via The Campaign For Liberty below:
Campaign for Liberty Chairman Ron Paul and Campaign for Liberty President Norman Singleton issued the following statements regarding the Arizona Legislature's passage -- and Arizona Governor Doug Ducey's signing -- of HB 2014.