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1944 Gold Coin Treasury Memorandum (& other cool stuff)
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<p>[QUOTE="jolumoga, post: 26807955, member: 41780"][Disclaimer: This is not a political discussion. This is a discussion about the separation of powers.]</p><p><br /></p><p>I wonder if these are conclusions perhaps more appropriate to earlier in history but no longer as relevant. Let's take a look at the situation today. You have the president trying to direct monetary policy in various ways, and you also have the president trying to impose tariffs unilaterally while bypassing the legislative branch. So you have had the Supreme Court being forced to rule to maintain the separation of powers and in effect rule directly on monetary and fiscal policies.</p><p><br /></p><p>In terms of a gold ban, this could be favorable. If by a slim chance both the executive and legislative branches decide to confiscate gold, the Supreme Court might now be more inclined to say "no." There could be numismatists within the Supreme Court with an ax to grind.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 26807955, member: 41780"][Disclaimer: This is not a political discussion. This is a discussion about the separation of powers.] I wonder if these are conclusions perhaps more appropriate to earlier in history but no longer as relevant. Let's take a look at the situation today. You have the president trying to direct monetary policy in various ways, and you also have the president trying to impose tariffs unilaterally while bypassing the legislative branch. So you have had the Supreme Court being forced to rule to maintain the separation of powers and in effect rule directly on monetary and fiscal policies. In terms of a gold ban, this could be favorable. If by a slim chance both the executive and legislative branches decide to confiscate gold, the Supreme Court might now be more inclined to say "no." There could be numismatists within the Supreme Court with an ax to grind.[/QUOTE]
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