Congressman Ron Paul — long an advocate of sound money– recently called for more competition in money with three steps. This quote from the New American: “The congressman’s new measure calls for three steps. The first is to repeal legal tender laws that give paper bills issued by the Fed the monopoly always sought by thieves and tyrants. The only legal tender in our nation today is the paper currency issued by the Fed. But Congress has constitutional power to coin money, not to monopolize paper…” More here: Ron Paul