Fiat Money and the Coinage Clause (user search)

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Fiat Money and the Coinage Clause (search mode)

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Poll

Question:

May Congress issue fiat money under the Coinage Clause?

#1 Yes		4 (57.1%)
#2 No		3 (42.9%)

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Total Voters: 7

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Topic: Fiat Money and the Coinage Clause (Read 3909 times)

Bono
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Posts: 11,699

« on: November 08, 2005, 01:56:29 PM »

The US government does not deal with the greenback. They do not print money. They only coin money.

Irrelevant, since the federal reserve only has power as given by congress.

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Bono
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Posts: 11,699

« Reply #1 on: November 08, 2005, 05:34:29 PM »

So does this mean you finally changed your mind on commodity backed currency?

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Bono
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Posts: 11,699

« Reply #2 on: November 08, 2005, 05:40:25 PM »

No, it just means I can separate my personal views from the Constitution's.

*sigh* I was just wondering. And I also can, cince I think government issued currency is a terrible idea but still think it's cosntitutional.

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Bono
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Posts: 11,699

« Reply #3 on: November 10, 2005, 03:54:06 AM »

He didn't say government-issued fiat money; just currency.

Correct.

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