private institutions - this is true. But he is NOT supportive of private institutions that control our nation's money, and that is what the Fed is. I agree that it is an unconstitutional monopoly that counterfeits fiat money, but what makes it unconstitutional is that it is a PRIVATE bank. The constitution allows for the coining of money and for the regulation of it's value (Article 1, Section 8), but it must be done by CONGRESS, not a private bank.
I take my marching orders from the Constitution!
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