Everything That Dazzles

Many folks are under the false impression that the US Constitution grants the federal gummint and/or Federal Reserve Bank [sic] the exclusive right to coin and issue money. Article I, Section 8 of the US Constitution says, “The Congress shall have Power […] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.” There is no exclusive right to coin money, only to set the exchange rate between the States, and determine weights and measures, an...