Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Xthe17th
I don't think the Constitution specifically mentions gold

The Constitution gives the Federal government the authority to coin money. It does not give them the authority to print it.

It doesn't specifically mention gold, but the word 'coin' refers to either silver or gold.

35 posted on 02/01/2004 8:01:17 AM PST by Mulder (Fight the future)
[ Post Reply | Private Reply | To 30 | View Replies ]


To: Mulder
The Constitution gives the Federal government the authority to coin money. It does not give them the authority to print it.

The Constitution gives the Congress the power to coin money. They have to refine the ore themselves, right there in the Capitol. Even their aides cannot participate.

52 posted on 02/01/2004 9:54:44 AM PST by Nick Danger ( With sufficient thrust, pigs fly just fine.)
[ Post Reply | Private Reply | To 35 | View Replies ]

To: Mulder
The Constitution gives the Federal government the authority to coin money. It does not give them the authority to print it.

But it also gives the Feds the power to go into debt which is precisely what our currency is today, an instrument of taxpayer indebtness.

Hamiliton already had Central Banking in mind when he edited the Constitution. He put a good deal of nasty little surprises in there.

90 posted on 02/01/2004 7:49:45 PM PST by AdamSelene235 (If you talk to God, you are praying; If God talks to you, you have schizophrenia. -Szasz)
[ Post Reply | Private Reply | To 35 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson