[Lurker]

Where did they do that?

Article 1, Section 8. Read it for yourself.

I think following the Constitution is a good idea. I think your idea of fixing the dollar to silver and gold is a bad idea.

Can't have it both ways old boy. Here it is, right from the US Constitution:

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts;

So once again, do you think the restraints laid down against paper money in the US Constitution were a good idea or a bad idea?

L

[Toddsterpatriot]

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts

So once again, do you think the restraints laid down against paper money in the US Constitution were a good idea or a bad idea?

I think the restraints against states issuing paper money were a good idea.

[BlueLancer]

Okay, maybe I'm the one who's confused by this, but the way that I read that section is that it pertains to the States, not the federal government.

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts;

Am I reading that wrong?