Monday, January 9, 2012

Is the US in violation of its own constitution by using Federal Reserve notes for currency?

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; p any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility. (Article 1, Section 10 U.S. Constitution)

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