Good Luck with that.
There hasn’t been enough to cover all of the public and private spending, that’s why we went off the gold standard.
They’ll need to disconnect from the Federal Reserve to pull this off. Which will not happen without a war.
It will be 'referred to committee' and never be heard from again.
Well, he is at least following the Constitutional path of doing it via the state (Article 1, Section 10- State’s limitation to only mint gold or silver currency at their level (often mistranslated as a federal restriction)) however, if Gold will ever be once again a viable currency option in which we aren’t held hostage by gold producing countries like South Africa, we need to first really ramp up domestic production.
At a fixed or floating rate?
This bold bill will finally bring Indiana back into conformance with the Constitution for the United States of America which states "No state shall...make any Thing but gold and silver Coin a Tender in Payment of Debts..." Article 1, Section 10.
They'll be creating their own coins?
Should have never gone off Gold Standard. A change that reverbrates down our history in ignominy.