This looks like a lot of fun!
Well it's Cyber Monday, and I'm actually NOT shopping! Will wonders never cease?
Will the US return to the gold standard? or will it go to more of fiat money, only done by the IMF and UN? That was some of the discussion on Freedom Watch on Fox Business over the weekend. And is gold in a bubble, much as the housing was and dot.com too.. or is it just in reaction to the ever-expanding printing of money?
The Fed is unconstitutional, as congress is the one authorized to coin money , under Section 8 of the Constitution
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
Notice the word "coin"...not "print". Paper money was not considered. Lincoln did paper money during the civil war, and would not allow people to redeem their paper money for gold. FDR did even worse, outlawing the owning of gold - totally unconstitutional, both of them.
and yet progressives look up to FDR.
1 year ago