This Is Just Silly

Over at Political Wire, Taegan Goddard reports that a legislator in South Carolina wants to go back to the way it was when the Articles of Confederation rather than the Constitution was in effect.

A bill introduced in the South Carolina legislature would disallow U.S. currency as legal tender in the state, reports the Palmetto Scoop.

The bill introduced by State Rep. Mike Pitts (R) would ban what he calls “the unconstitutional substitution of Federal Reserve Notes for silver and gold coin” in South Carolina.

If the bill were to become law, South Carolina would no longer accept or use anything other than silver and gold coins as a form of payment for any debt, meaning paper money would be out in the Palmetto State.

About Stan Collender 126 Articles

Affiliation: Qorvis Communications

Stan Collender is a former New Yorker who, after getting a degree from the University of California, Berkeley, moved to Washington to get it out of his system. That was more than 30 years ago.

During most of his career, Collender has worked on the federal budget and congressional budget process, including stints on the staff of the House and Senate Budget Committees; founding the Federal Budget Report, a newsletter that was published for almost two decades; and for the past 11 years writing a weekly column for and now

He is currently a managing director for Qorvis Communications, where he spends most of his time working with and for financial services clients.

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