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<p>[QUOTE=&quot;webomatic, post: 1425136, member: 37577&quot;]As already stated, this Act won&#039;t become effective until 1/1/2013 if it even passes out of the House and over to the Senate.</p><p><br /></p><p>But since the HB is stating:</p><p><br /></p><p><br /></p><p><br /></p><p>So that will mean that IF the bill passes and is signed by the Governor we will be able to pay our property taxes and State revenue taxes in PM.&nbsp; Simply because it is stated as such; to protect property and assets from fiat dollar inflation.</p><p><br /></p><p>So why would we use it? Say some of us have shelled away a few oz of PM or are intending to.&nbsp; As the bottom futher drops out of fiat dollars typically the value of PM rises as inflation occurs.&nbsp; Now say my property tax is $6k per year and then the dollar drops.&nbsp; Then what will happen to my property tax? And what can I use to protect the interest of my property? ...anyone? ...anyone?</p><p><br /></p><p>But there is another portion of this Bill that hasn&#039;t been meantioned on this thread.&nbsp; Trade commerce with other countries.&nbsp; So how do you think some countries will feel to perform trade with... say... California using a potentially dropping fiat dollar vs. the State of Washington who can accept and purchase with gold, silver and fiat dollars? Sounds like Washington State has opened itself up to be more flexible with importing and exporting goods.&nbsp; It&#039;s magnified by the fact Washington State is a major port region.</p><p><br /></p><p>Try not to overshoot the premise of this HB.&nbsp; Most won&#039;t even use it.&nbsp; But since the States are in violation, it must provide a means.&nbsp; The HB also states that retail merchants and purchasers are not obligated to perform transactions in gold and silver.</p><p><br /></p><p>...and to touch once again on a previous post about it costing $$$ for scales.&nbsp; For some reason the butcher shop has certified scales, so whats the big deal?[/QUOTE]</p><p><br /></p>

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