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To: Huck

“make any Thing but gold and silver Coin a Tender in Payment of Debts;”

So..Now..they can coin money as long as it is Gold and Silver..or currency backed by gold and silver. They cant coin any type of currency OTHER than Gold and Silver..or money backed by it.


22 posted on 03/06/2011 2:12:23 PM PST by crz
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To: crz

Interesting. This requires further study. Still, I’d rather my state kept the gold and paid in paper. Anyway, aren’t most transactions electronic nowadays anyway? There is no tender.


25 posted on 03/06/2011 2:21:22 PM PST by Huck (Mrs. Palin = Christine O'Donnell)
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To: crz

I’m not sure what that clause means. I’m pretty sure “make” doesn’t mean coin. But I don’t really know what that means. The Constitution clearly says they can’t coin money, so “many any thing other than gold or silver” has to mean something else.


33 posted on 03/06/2011 3:16:22 PM PST by Huck (Mrs. Palin = Christine O'Donnell)
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To: crz
“...make any Thing but gold and silver Coin a Tender in Payment of Debts;”

So..Now..they can coin money as long as it is Gold and Silver..

It doesn't say that states can coin their own money. It says" "...make anything but gold and silver Coin a Tender in Payment of Debts..."

In other words, the states cannot use anything but gold and silver as legal tender in the payment of debts.

59 posted on 03/06/2011 6:04:24 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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