Replies

The Congress shall have Power...To coin Money, regulate the Value thereof

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

No State shall...make any Thing but gold and silver Coin a Tender in Payment of Debts;

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.

Nor do I see where States are obligated to take ONLY what the Fed. offers

That's covered by the Legal Tender Act.

and, since A1S10 states States can only take gold/silver,

Make, not take.

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.