Protecting Us From A ‘Terrorist’ Who Made Pure Silver Coins: The Bernard von NotHaus Case

(Before It's News)

by George Leef
Forbes

Our Constitution sets forth –- and limits — the government’s powers. Under Article I, Section 8, Congress is authorized to “coin money and regulate the value thereof” and also to “provide for the punishment of counterfeiting of the securities and current coin of the United States.”

Notice that no power is given for Congress to confer upon the government a monopoly in the creation of money. That matters because, prior to the drafting and ratification of the Constitution, private coinage was known and accepted, as we learn in this instructive Freeman article, “Private Coinage in America” by Brian Summers.

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