Ah, but Article 1, Sec. 8, Par. 5 confers to Congress the power to coin money and Par.6 confers on Congress the power to punish counterfeiting of the current coin of the United States.
Coinage mandates a metallic currency standard under the US Constitution. Article 1, Sec. 10, Par. 1 prohibits the issuance of an inferior currency by any of the states. Note that the states are not prohibited from coining their own money - provided that it is made from silver or gold - however the US Congress has oversight through its' power to regulate the value of "foreign coin" as mentioned in Art. 1, Sec. 8, Par 5. It is illogical that the framers enjoined the several states to a monetary standard different from - or even superior to - that of United States under the Constitution.
Coinage mandates a metallic currency standard under the US Constitution.
No, it doesn't. United States vs. Rifen, 577 F.2d 1111. C.A.Mo. 1978, and Nixon v. Phillipoff, 615 F.Supp. 890, affirmed 787 F.2d 596. D.C.Ind. 1985, are germane.