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Old Sep 4, 2007, 03:14 pm   #2 (permalink)
The Decider
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Paul claims the Federal Reserve Bank, or any central bank, is unconstitutional. But the US Constitution's Article I, Section 8, clearly gives the US Congress the monetary authority "to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures." Where does it say the US Congress can't establish a central bank to regulate monetary policy?

LII: Constitution
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