Posted by Michael S. Rozeff on May 29, 2010 07:54 AM at LewRockwell.com
Now available here and here for free is Part 12 of The U.S. Constitution and Money. This article pinpoints and explains 4 reasons why the money we use is unconstitutional and 3 more reasons why the Federal Reserve is unconstitutional. How do Federal Reserve Notes differ from United States Notes issued by the U.S. Treasury? Are the latter constitutional? This kind of issue is also addressed in this article. I am summarizing Edwin Vieira Jr.’s two-volume out-of-print cult classic Pieces of Eight: The Monetary Powers and Disabilities of the U.S. Constitution. We are nearing the end. After this come his recommendations for reform.