Is Paper Money Constitutional: The Tenth Amendment Center Gets The Coinage Clause All Wrong

Legale§e

English - August 20, 2021 03:05 - 45 minutes - 25.8 MB
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In a recent article by Jacob Hornberger, published by the Tenth Amendment Center called "Why Is Paper Money Constitutional?" They just can't seem to get anything right. It's frankly a shocking abandonment of any pretense of Originalist Interpretation for something that really sounds more like a libertarian argument for a living Constitution.

We go through the Article point by point and examine why this article is more than just a difference of opinion between myself and a group of people who I greatly respect and almost always agree with. Which is what makes this abortion of a Constitutional interpretation so tough to let go.

If you have followed this show for any length of time, I am sure you have heard me praise, recommend & cite the Tenth Amendment Center. Likely on multiple occasions.

And for those who have been following me a very long time may remember that during the libertarian presidential primaries, I was 100% behind Jacob Hornberger the entire time. If any of those 3 people (Mike Maharrey, Michael Boldin & Jacob Hornberger) ever happen to see this I do hope you will understand that I mean no disrespect towards you. They are fantastic people doing great work for liberty. And since I know a large protion of my subscribers are aware of and have equal respect for Mike, mb & Jacobb

Why Is Paper Money Constitutional? - https://tenthamendmentcenter.com/2021/05/24/why-is-paper-money-constitutional/

►00:00 Introduction

►06:12 Summarizing Earlier Arguments

►10:14 Assessing Prior Arguments

►12:37 English Law and Practice

►19:01 Kinds of American Paper Money

►24:41 The Confederation Era

►25:49 Why a Coinage Clause Was Necessary

►30:22 Original Public Meaning of the Coinage Clause

►31:39 Original Meaning and Understanding of "Regulate the Value"

►33:57 The Ambiguous Original Public Meaning of "Coin"

►44:34 The Ratifiers Choose a Meaning for "Coin"

►59:46 Conclusion

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