March 10, 2014
RICHMOND -- A Virginia delegate introduced a bill that would change the way you pay for things.
Del. Bob Marshall thinks the state of Virginia should have its own currency system.
Marshall proposed the idea in a bill to the house of delegates. Marshall's bill asked for a $20,000 study to see if it would be possible to return to the gold standard.
A house committee passed the bill on Monday.
Marshall said the Federal Reserve is not in a position to back up the dollar bill if it were to collapse. He's calling for coins to be made worth the weight in gold or silver.
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