Federal Reserve ?????Submitted by V1-P on Wed, 01/30/2008 - 03:58
Why can't we coin coins in increments? The federal reserve notes aren't backed by gold and silver any more. So the Constitution gives Congress the authority to coin money. Why not make coins. Make a
$ 5 coin a $ 10 coin a $ 50 coin a $ 100 coin and make them out of tin so they are light. Make all kinds of denominations. Then we wouldn't have to pay more interest to corporate bankers for paper money.