The Constitution’s Seven Money Clauses

In an essay by DEAN CLANCY, we take a closer look at what money is, what the US Constitution says about money, and why it is important to today’s political events. About a ten minute read. a number of things I’ve not seen discussed elsewhere before.

There are a couple of angels on things there that are first for me, such as : “5. Fiat money notes (‘bills of credit’) are forbidden.” Equating fiat money with bills of credit is interesting.

Overall, well worth a read if you are into money or politics.

FWIW, at the current price of silver, $20 in constitutional dollars of silver is worth about $380 in Federal Reserve Notes.

 

1 thought on “The Constitution’s Seven Money Clauses

  1. The melt price of a Washington quarter (1932-1964) is $4.26, or a factor of ~17. $20 x 17 = $340.
    That’s how much our wealth has been devalued by an inflated fiat currency.

Leave a Reply to Andy Cancel reply

Your email address will not be published. Required fields are marked *