NESARA

Summary

The National Economic Security and Recovery Act (NESARA) is a set of proposed economic reforms for the United States suggested by private citizen Harvey Francis Barnard during the 1990s. Barnard claimed that the proposals, which included replacing the income tax with a national sales tax, abolishing compound interest on secured loans, and returning to a bimetallic currency, would result in 0% inflation and a more stable economy. The proposals were never introduced in Congress.