Gold and Silver are the only legitimate means of payment according to the US Constitution
If you revisit the US Constitution’s Article I, Section 10, Clause 1, you will see the principles of the U.S. monetary system: "No State shall... make any Thing but gold and silver Coin a Tender in Payment of Debts." According to this clause, states do not have the authority to "emit Bills of Credit
If you revisit the US Constitution’s Article I, Section 10, Clause 1, you will see the principles of the U.S. monetary system: "No State shall... make any Thing but gold and silver Coin a Tender in Payment of Debts." According to this clause, states do not have the authority to "emit Bills of Credit
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