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To: Toddsterpatriot
Sorry, been out of the FR zone for a bit...


So they can make the dollar one ounce of silver, 1/2 ounce of silver or no ounces of silver.

In theory, correct. Do you read that to mean anything else? I see no other authority.

But, could you imagine the up-rising when people noted the change in the value of their $$ by decree from D.C. (unlike the invisible de/inflation by the Fed Reserve)? I don't see that happening if we were still a Free people. Too, the re-melting of coinage to adjust to the new measures? Uhhh..no again.

A1S8, again, specially states it can ONLY *MINT* = metal based.

Florida can't print their own bills, but if they want to mint gold or silver coins, that's okay. The Federal government has no such metallic requirement.

A1S10 specially prohibits the State from minting OR bills of credit (fiat currency). Aside from debt, all entities can use what they will (trade/barter/bank notes/mud/soda caps/I care not) as, or in lieu, of $$

That's covered by the Legal Tender Act.

Aside from above, NO State 'may make any Thing but gold and silver Coin a Tender in Payment of Debts'. I don't see where any Act could give the Fed. any further power to define what is/isn't per the Constitution (though I do note, these days, we are FAR from a Const. gov't).

Sure, Congress can borrow money on the credit of the U.S., but I don't read where the authority to create fiat currency to tack onto the national debt, let alone remember a Const. Amendment to allow Congress to give their power of minting to any other entity, equals that of being lent X tonnes of gold at Y% interest (REAL money).

The Fed, and, the national debt per fiat currency, IMHO, strike at the heart of the 5th Amend (Takings)

Make, not take.

Believe you understood the context...aside from the fat fingering.


Still, it's a great topic for discussion.
126 posted on 11/11/2013 9:28:05 AM PST by i_robot73 (Give me one example and I will show where gov't is the root of the problem(s).)
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To: i_robot73
So they can make the dollar one ounce of silver, 1/2 ounce of silver or no ounces of silver.

In theory, correct. Do you read that to mean anything else? I see no other authority.

Anything else? If they can make coins out of metals other than silver, they can make bills without silver. Don't you agree?

But, could you imagine the up-rising when people noted the change in the value of their $$ by decree from D.C.

They didn't rise up in the 30s, when FDR changed convertibility or in the 60s, when LBJ removed silver coinage.

A1S8, again, specially states it can ONLY *MINT* = metal based.

I'm pretty sure that coin meant make. So they can make coins or bills. States could only make gold or silver coins.

Sure, Congress can borrow money on the credit of the U.S., but I don't read where the authority to create fiat currency to tack onto the national debt

Not sure what you mean here. Creating fiat currency doesn't tack anything onto the national debt.

let alone remember a Const. Amendment to allow Congress to give their power of minting to any other entity

Both the US Mint (coins) and the Bureau of Engraving and Printing (bills), are part of the Treasury Department.

Believe you understood the context...aside from the fat fingering.

Take made sense in your context.

128 posted on 11/11/2013 3:12:57 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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