Comment: sorry but bills of credit are not money

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sorry but bills of credit are not money

They are promises to pay money. Under the constitution the federal government is not given the power to emit bills of credit, and the state's are specifically forbidden from doing so, leaving that right reserved to individuals. Furthermore the constitution gives no power to the federal government to make bills of credit a tender in payment of debts and the states are specifically forbidden from doing so. Money is coin that is why the congress has the power to coin money, and why the states are only allowed to make gold and silver coin a tender in payment of debts.