[usul]

“If you haven’t noticed, the Constitution expressly gives the federal government the authority ‘To coin money, regulate the value thereof, and of foreign coin’.”

As I understad, its not congress who is coining money. Its a cartel of private banks. Congress gave up that authority in 1913. No?

[darkwing104]

Good one. Welcome to the Free Republic.

[untrained skeptic]

As I understad, its not congress who is coining money. Its a cartel of private banks. Congress gave up that authority in 1913. No? No. Congress didn't give up that authority. The do allow private banks to control the money supply under their authority, but they can withdraw that permission the same way they granted it, through legislation.