To: SedVictaCatoni
The Constitution doesn't mention paper money. In fact, the Constitution goes even FURTHER than what you suggest: it prevents the states from accepting
anything but gold & silver coin in payment of debts. James Madison srtongly criticized what he called "a rage for paper money" in
The Federalist # 10.Sounds like the Founders set a gold standard to me.
80 posted on
07/18/2005 7:49:16 PM PDT by
libertyman
(It's time to make marijuana legal AGAIN!!!)
To: libertyman; SedVictaCatoni
anything but gold & silver coin in payment of debts.
The gold standard.
Oh joy.
Let's revisit the 1930s.
88 posted on
07/19/2005 2:56:45 AM PDT by
A Balrog of Morgoth
(With fire, sword, and stinging whip I drive the RINOs in terror before me.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson