NC should lead on sound money by passing HB 836
Citizens of North Carolina and elsewhere should have the freedom to choose how they store their wealth, and taxation on precious metals restricts this choice.
In the 1800s, at the peak of NC's gold industry, as many as 600 gold mines operated throughout the state, making it the second largest industry in the state, after agriculture.
North Carolina is known for many wonderful things — being “First in Flight,” Carolina BBQ, Biltmore Estate (the largest private residence in the US), being the home of NASCAR, and much more. But did you know North Carolina has a strong history of gold and sound money? Here are three fun facts about North Carolina...
Government intervention was not essential to the 19th-century boom in Piedmont mining operations.
In today's anxious financial environment, when we look to the government and the Federal Reserve to step into the economy with interest rate adjustments and extra cash reserves at every downturn, it's a little appreciated fact that there was an important pre-Federal Reserve banking era in the United States. Even today, that era has insights to offer into American monetary and banking policy, and U.S. economic health.