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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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To: Toddsterpatriot

1). Anything else? They do (the penny, the nickel, etc.). Those have historically been ‘fiat’; but they are NOT valid for debt (only gold/silver).

2). No, those was the failing of our G/Great-grandparents. D.C. should have been a smoldering heap IMHO. Let’s not forget Nixon in the theft as well.

3). I can’t see how ‘coining’ = ‘printing’ = ‘make’. States are not allowed to mint/print/make/etc., they can ONLY assure gold/silver are payment of debt (A1S10) [note, it specifies gold and silver COIN as the latter]

4). Fiat currency is a its heart DEBT. It is a fiction masquerading as value, created out of NOTHING. It goes hand in hand with spending and interest. Do you believe, if we still had a true monetary policy, Congress could rack up $17+TRILLION ($120T+ unfunded liabilities)??

5). Those functions/departments are under control of Congress, the ‘Federal Reserve’ is not.


131 posted on 11/26/2013 8:17:45 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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