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<p>[QUOTE="Conder101, post: 3536601, member: 66"]It uses the term, but doesn't explain or define it. Its use comes from those groups that mistaken believe that according to the Constitution the only legal money is gold or silver coin. The Constitution gives the Federal Government the power to "coin money and regulate the value thereof". Coin is a verb meaning "to create" so the Constitution gives the government the power to create money and regulate its value. It does not restrict it to gold and silver coins only.</p><p><br /></p><p>Yes Article 1 section 10, that refers to the STATES not making anything but gold or silver a legal tender. Does not relate to what the Federal government can make a legal tender. And the phrase "constitutional silver is NOT in the article.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 3536601, member: 66"]It uses the term, but doesn't explain or define it. Its use comes from those groups that mistaken believe that according to the Constitution the only legal money is gold or silver coin. The Constitution gives the Federal Government the power to "coin money and regulate the value thereof". Coin is a verb meaning "to create" so the Constitution gives the government the power to create money and regulate its value. It does not restrict it to gold and silver coins only. Yes Article 1 section 10, that refers to the STATES not making anything but gold or silver a legal tender. Does not relate to what the Federal government can make a legal tender. And the phrase "constitutional silver is NOT in the article.[/QUOTE]
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