It has to be consistent with the fact that only the feds can coin money and regulate the value thereof, which means, really, the only thing the states can consider money is what the feds make.
I'd say, that's a "yes." What that has to do with your interpretation on the limit of the federal government's power to create legal tender only in the form of a metallurgical coin, I'm not sure.
At any rate, I'm going to bed. I think my position is pretty well established in the 10+ comments that have been made. I'm comfortable leaving the conversation as is for others to read and consider.
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Date: 10/2/10 03:42 (UTC)It has to be consistent with the fact that only the feds can coin money and regulate the value thereof, which means, really, the only thing the states can consider money is what the feds make.
I'd say, that's a "yes." What that has to do with your interpretation on the limit of the federal government's power to create legal tender only in the form of a metallurgical coin, I'm not sure.
At any rate, I'm going to bed. I think my position is pretty well established in the 10+ comments that have been made. I'm comfortable leaving the conversation as is for others to read and consider.