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<p>[QUOTE=&quot;hontonai, post: 532817, member: 4703&quot;]WRONG on both counts!</p><p><br /></p><p>Article I, Section 10, Clause 1, provides in part that:&nbsp; “No <i>State</i> shall . . .make any Thing but gold and silver Coin a Tender in Payment of Debts. . .”</p><p><br /></p><p>Section 8 of that same Article, gives <i>Congress</i> the power:&nbsp; “To. . .borrow money on the credit of the United States. . .”&nbsp; The Supreme Court construed that language as authorizing Congress to issue paper currency, and make it legal tender in satisfaction of debts, 42 years before the Fed was created.[/QUOTE]</p><p><br /></p>

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