Printing Dollars is Unconstitutional

US Senator Ron Paul released a new book called “End the Fed”. He claims it’s easier to find out what’s going on the CIA than in the US Federal Bank. One of the biggest complaints about the US Federal Reserve is that:

a)      It has no reserves, it just prints money on demand

b)      It’s not the government, it’s a private bank with shareholders who must be paid 6% interest according to text you can see for yourself on their Website

c)       Printing money is unconstitutional

In the constitution it states in Article 1, section 10: “No state shall make anything but gold and silver coins a tender in the payment of debts.” Therefore Federal  Reserve notes are unconstitutional and never supposed to become money.  The forefathers were not stupid and new what would happen otherwise.

The first dollar of the United States, “The Continental” went to zero because of overprinting to fight the war. History just keeps on repeating itself. Anyone holding to many dollars should be careful… and now we see the euro is no better because the Central European Bank is bailing out Greece and debasing the value of the euro as well.