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"Law & Order" Balance of Power (TV Episode 2024) cast and crew credits, including actors, actresses, directors, writers and more.
The Supreme Court, in its famous Legal Tender and Gold Clause Cases, ruled that Congress has ‘plenary power’ to issue fiat money and dictate its value, pursuant to its power to ‘regulate the value’ of foreign and domestic coin. This interpretation is erroneous.
Article I, Section 8, Clause 5: [The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; . . . Because Article I, Section 10, Clause 1 of the Constitution prohibits the states from coining money, 1.
As a result, the Constitution’s monetary clauses expressly grant Congress the power to coin money and to borrow money by issuing “notes” (i.e., interest-bearing government bonds), but not to...
Because Article I, Section 10, Clause 1 of the Constitution prohibits the States from coining money, 1. the Supreme Court has recognized Congress’s coinage power to be exclusive. 2. The Supreme Court has also construed Congress’s power “to coin money” and “regulate the value thereof” to authorize Congress to regulate every phase of ...
Clause 5 Standards. To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; ArtI.S8.C5.1 Congress's Coinage Power.
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; ArtI.S8.C5.1 Congress's Coinage Power Clause 6 Counterfeiters
