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Kansas Bill Aims to Make Gold and Silver Legal Tender

A proposed bill in Kansas (SB39) seeks to make gold and silver legal tender, officially recognizing them as a medium of exchange for debts and taxes. The bill would also repeal taxes on gold and silver transactions, including capital gains taxes on bullion, thereby promoting the use of precious metals as money instead of just investments. This move could undermine the Federal Reserve's control over currency by introducing competition through state-level gold and silver economies, following similar steps taken by other states like Utah.