• Article I, Section 8, Clause 5: The Congress shall have Power…To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures. [8]
• Article I, Section 10, Clause 1: No State shall…coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debt. [9]
It really is that simple. All the college degrees in world can not fix the problem. A fiat currency will not work. The problem is we have been off the gold standard now for 37 years and alas financial melt down. Yee shall reap what yee hath sow. Good luck to all because were gonna need it.
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• Article I, Section 10, Clause 1: No State shall…coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debt. [9]
It really is that simple.
All the college degrees in world can not fix the problem.
A fiat currency will not work.
The problem is we have been off the gold standard now for 37 years and alas financial melt down. Yee shall reap what yee hath sow. Good luck to all because were gonna need it.
K.Lewis