It’s clear that the rampant inflation Americans face today is the fault of Congress and the Federal Reserve, but states do not have to sit idly by while our dollar weakens.
That’s why I’m working to pass a bill to allow for Kentucky to invest in Gold, true sound money. BR 1, which will be introduced by @Rawlings4Ky and I, would allow the Treasury to invest 10% of its excess funds into gold and silver, acknowledge that gold and silver are money, and ban Central Bank Digital Currencies in Kentucky!
Gold has, in the last year, increased in value by 66.14% as I write this post, but the fiat dollar that is based on nothing has dropped in value by about 10% this year, and has lost 97% of its value since the Federal Reserve was established. Embracing gold and silver as true money can and will protect economic liberty in Kentucky!
Thank you to the Interim Joint Committee on Banking and Insurance for allowing me and Senator Rawlings to present on BR 1 yesterday! Please watch my comments about the Gold Reserve portions of this bill!
@realTJRoberts@mises TJ are you still standing by the notion that gold was in fact not at its peak? What other financial advice do you have for the commonwealth
@bschnizz@BWilson10 ACA tied plans have capped profitability and carriers actively promote use of zero cost preventative care. If your counterpoint is true and hospital systems are the good guys and the mean insurance people are bad - don’t buy insurance and lmk how it goes. PS I miss u
@bschnizz@BWilson10 One system is actively incentivized to keep you healthy and negotiate lower healthcare costs , the other will accept Medicare patients for one fee and charge private insurance 00’s-000’s times that cost for the same procedure.
Which of those two is the problem
@RepOgles Interesting that one of your points is to remove the a major piece of the checks and balances that are fundamental to the way our government works