[crusher2013]

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; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

[AndyTheBear]

Ok. States are not allowed to do some of the things the feds were put in charge of. Not sure why you mentioned it though.

[Vermont Lt]

I don’t think there is a State with enough gold to mint their own coin.

The economy would literally bind up overnight if we switched to a gold backed currency. Lots of t bills would be sold to exchange with a hard currency. Lending would pretty much stop.

In the end, the amount of money in circulation would drop like a rock because the line at the gold window would be miles long. The bonfire of dollars needing to be destroyed would light up the skies.