Ohio

doc03

(38,637 posts) Thu Oct 30, 2025, 08:46 AM Oct 30

Ohio Legislators propose state currency backed by silver and gold

COLUMBUS, Ohio (WCMH) — Ohioans could soon buy their groceries or morning coffee with silver and gold instead of the American dollar.

House Bill 206, introduced by Reps. Jennifer Gross (R-West Chester) and Riordan McClain (R-Ashland), would establish a state currency based on gold and silver. The bill directs the state treasurer to set up a transactional currency rooted in silver and gold to address concerns with the value of the U.S. dollar.

https://www.msn.com/en-us/politics/government/ohio-legislators-propose-state-currency-backed-by-silver-and-gold/ar-AA1PpHGu

I don't really understand what this is meant to accomplish, but since it is coming from the Republicans, I doubt it is good.

22 replies

= new reply since forum marked as read

Highlight:

Ohio Legislators propose state currency backed by silver and gold (Original Post) doc03 Oct 30 OP

Well, they see their messiah hell bent on tanking the US Dollar NCDem47 Oct 30 #1

I assume it would be Ohio currency backed by silver and gold like when the US doc03 Oct 30 #5

a troy oz is about $4000... ret5hd Oct 30 #8

Did anyone give William Jennings Bryan 1896 Cross of Gold speech? Chasstev365 Oct 30 #2

They must think the zombie apocalypse is near? Looks like Trump and Co. might be getting close walkingman Oct 30 #3

Unconstitutional, article I, section 10. unblock Oct 30 #4

This message was self-deleted by its author doc03 Oct 30 #6

Ohio? I can see it now gold and silver coins with Trump on both sides. nt doc03 Oct 30 #7

Next election, I'm voting for William Jennings Bryan. 3Hotdogs Oct 30 #9

Money vs. Currency MoneyMan88 Nov 1 #10

Rumble is not a credible source. Not clicking. Who is behind the video/whatever? Bernardo de La Paz Nov 1 #11

Checkhttps://mediabiasfactcheck.com/rumble/ this out ... marble falls Nov 2 #14

As you say: Bernardo de La Paz Nov 2 #17

find another source this is a Right Wing misinformation site. ... marble falls Nov 2 #12

1st post on DU, and you link to a right-wing site. Emile Nov 2 #13

It takes a certain special ignorance to do that! marble falls Nov 2 #15

Or malfeasance. However the poster is not following a troll pattern, so far. Trolls don't hesitate to post. . . . nt Bernardo de La Paz Nov 2 #16

Welcome to DU LetMyPeopleVote Nov 3 #18

He's been shown the door. That Hitler/Nazi name and post still stands but I hope it gets taken down. marble falls Nov 3 #19

Whoops. I missed the 88. Good catch! . . . .nt Bernardo de La Paz Nov 3 #20

Fine Nazi you'd make! It was the last thing that caught my eye. That was a loaded post!!! marble falls Nov 3 #21

Thank you for the update LetMyPeopleVote Nov 3 #22

NCDem47

(3,217 posts)

1. Well, they see their messiah hell bent on tanking the US Dollar

Reply to doc03 (Original post)

Thu Oct 30, 2025, 08:51 AM

Oct 30

Setting the stage.

Carrying around gold bullion will be heavy!

doc03

(38,637 posts)

5. I assume it would be Ohio currency backed by silver and gold like when the US

Reply to NCDem47 (Reply #1)

Thu Oct 30, 2025, 08:57 AM

Oct 30

currency was a called a Silver Certificate. Maybe they will bring back the Company Store Ernie Ford sang about.

ret5hd

(21,991 posts)

8. a troy oz is about $4000...

Reply to NCDem47 (Reply #1)

Thu Oct 30, 2025, 11:46 AM

Oct 30

how much are you going to have to carry?

Chasstev365

(6,729 posts)

2. Did anyone give William Jennings Bryan 1896 Cross of Gold speech?

Reply to doc03 (Original post)

Thu Oct 30, 2025, 08:52 AM

Oct 30

Who knew the Silverites were back?

walkingman

(10,096 posts)

3. They must think the zombie apocalypse is near? Looks like Trump and Co. might be getting close

Reply to doc03 (Original post)

Thu Oct 30, 2025, 08:54 AM

Oct 30

to filing another bankruptcy....an American one.

unblock

(55,784 posts)

4. Unconstitutional, article I, section 10.

Reply to doc03 (Original post)

Thu Oct 30, 2025, 08:54 AM

Oct 30

States can't have their own currencies.

Apparently they can have gold or silver token. Not really a separate currency, just a share of gold or silver. Changes value exactly as does the metal. That's ok, but it's not really a currency.

Response to unblock (Reply #4)

doc03 This message was self-deleted by its author.

doc03

(38,637 posts)

7. Ohio? I can see it now gold and silver coins with Trump on both sides. nt

Reply to unblock (Reply #4)

Thu Oct 30, 2025, 09:07 AM

Oct 30

3Hotdogs

(14,805 posts)

9. Next election, I'm voting for William Jennings Bryan.

Reply to doc03 (Original post)

Thu Oct 30, 2025, 01:04 PM

Oct 30

MoneyMan88

(1 post)

10. Money vs. Currency

Reply to doc03 (Original post)

Sat Nov 1, 2025, 03:25 PM

Nov 1

What to make of this is an education on money and currency is needed. The dollar ceased being the same dollar when the Federal Reserve Act passed, it became the Federal Reserve Note.

We've been fooled into allowing the creation of a debt based economy which means that every dollar that comes into existence is being loaned into existence by the banks(including our central bank). The banks will then be collecting interest on those loaned dollars either by individuals or by the government but they never create enough dollars to pay that interest so all of society is thrown into that crisis with bankruptcies and defaults built into the system.

https://rumble.com/v6vgexp-financial-illumination-how-our-monetary-system-works.html

Bernardo de La Paz

(60,320 posts)

11. Rumble is not a credible source. Not clicking. Who is behind the video/whatever?

Reply to MoneyMan88 (Reply #10)

Sat Nov 1, 2025, 04:31 PM

Nov 1

And your point of view on the Federal Reserve and money seems kind of right wingish and incorrect.

Please explain a non-right wing phrasing of your point, if you can.

marble falls

(69,267 posts)

14. Checkhttps://mediabiasfactcheck.com/rumble/ this out ...

Reply to Bernardo de La Paz (Reply #11)

Sun Nov 2, 2025, 03:31 PM

Nov 2

... https://mediabiasfactcheck.com/rumble/

A person would have to be very stupid to buy into this crap!

Bernardo de La Paz

(60,320 posts)

17. As you say:

Reply to marble falls (Reply #14)

Sun Nov 2, 2025, 03:43 PM

Nov 2

marble falls

(69,267 posts)

12. find another source this is a Right Wing misinformation site. ...

Reply to MoneyMan88 (Reply #10)

Sun Nov 2, 2025, 08:48 AM

Nov 2

Rumble
Website
rumble.com
Rumble is an online video platform and cloud services business headquartered in Toronto, Ontario, with its U.S. headquarters in Longboat Key, Florida. It was founded in October 2013 by Chris Pavlovski, a Canadian technology entrepreneur. The cloud services business hosts Truth Social, and the video platform is popular among American right and far-right users. The platform has been described as part of "alt-tech". Wikipedia

Rumblw is a RW source, remove it!