Pieces of eight: The Monetary Powers and Disabilities of the US Constitution
This episode is about the Edwin Vieira Jr.'s 1982 study for the United States Gold Commission that examines the history of American monetary policy through a constitutional law lens. Vieira argues that the Constitution explicitly limits the government's power to coin money and regulate its value, prohibiting the issuance of paper currency as legal tender. He traces the evolution of monetary policy from colonial times, highlighting instances of Congress exceeding its constitutional authority. His analysis critiques the Federal Reserve System as an unconstitutional delegation of power and advocates for a return to a system based on a sound metallic standard. The text uses historical legal precedent and Supreme Court cases to support its arguments.
https://centralerischibanche.blogspot.com/2024/11/the-monetary-powers-and-disabilities-of.html
