LOL! You don't say.
My primary point is that the Founders, as a group, were light years ahead of our current federal politicians in their understanding of money and banking.
Yeah, those Articles of Confederation were a ringing success.
My reference to the Louisiana Purchase was based on your baffling insistence upon bringing it up, as if some larger meaning might be divined from it.
I brought up the LP as a specific example of Jefferson's use of banks to accomplish something great. Your reply:
The cause of a Free Republic is doomed if everyone thinks well, just because we had the Louisiana Purchase, the federal government can do anything it wants, and the Constitution poses no constraints.
And you're the one who's baffled? Clue me in on how you made the leap from bank financing to an unrestrained federal government that can do anything it wants.
It appears we have a failure to communicate. Allowing the federal goverment to borrow money from banks is not, IMHO, a significant design flaw in the Constitution.
Interpreting the Constitution to grant the power to force the people to take your paper as legal tender, the power to print that paper, and the power to spend money for anything (whether or not in furtherance of an enumerated power in the Constitution) is the problem. Once you get to that point, the federal government overpowers everything and corrupts everyone.
The Articles of Confederation may have failed, but the Constitution has failed too, insofar as we have an entire generation of judges that cannot read plain English. I’m not sure a clearer document would help, but it might.