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To: lowbridge

Why a coin? Why not a grain of sand?


6 posted on 05/04/2023 4:40:34 PM PDT by adorno
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To: adorno
Why a coin? Why not a grain of sand?

I say let’s go with a Magic Bean!

30 posted on 05/04/2023 4:54:39 PM PDT by broken_clock (Go Trump! Still praying.)
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To: adorno

Generally coin and bill values are determined by Congress, but in the law allowing bullion platinum coins Congress didn’t specify the denominations and number allowed like they with gold and silver. I thought that Congress was going to fix this error last time this inflationary BS came up.


36 posted on 05/04/2023 4:59:36 PM PDT by KarlInOhio (Democrats' version of MAGA: Making America the Gulag Archipelago )
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To: adorno

52 posted on 05/04/2023 5:07:40 PM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: adorno
If this action is taken, the COIN gets around any constitutional impairment.

The Constitution states:

The Congress shall have Power ….. To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures
Article I. Legislative Branch Section VIII, Clause 5

It’s pretty clear the FedGov could value (denominate) a new coin at $1 trillion. But convincing the reason the world the US dollar isn’t anything but Monopoly money after that would be a tough sell.

93 posted on 05/04/2023 6:31:07 PM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves)
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To: adorno

“Why a coin? Why not a grain of sand?”

maybe a trillion dollar wampum strand?


97 posted on 05/04/2023 6:51:05 PM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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