New Confederate States of America:Currency

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

Thomas Jefferson

New sound currency should be created when states secede in order to protect economic security. Currency should be backed by the Gold & Silver standards, to prevent monetary collapse. A former example would be the Liberty Dollar created by Bernard von Nothaus, which was shutdown by the Secret Service in 2009. The Liberty Dollar was backed by silver, providing a more stable alternative to the fiat US Dollar. The New Confederate States of America will adopt that former currency & make it the New Confederate States Dollar. The Hyperinflation that occured in Germany in 1923(Weimar Mark), Hungary in 1946(Hungarian Pengo), & Zimbabwe in 2009(Zimbabwe Dollar) are grim examples of what happens when central banks are put in charge of the economy & money supply.
No banking institution shall control currency in the New Confederacy of America! Only Gold & Silver are legitimate money & paper money is just credit.