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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (42391)10/5/2011 12:17:03 PM
From: Tommaso1 Recommendation  Read Replies (1) of 71428
 
Section 8 of Article I of the U. S. Constiution gives Congress the power: "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures."

Congress has delegated this power to the Fed for the last 100 years. Congress may have to take that power back.

I guess the question is, do we want Ben Bernanke or a congressional committee managing the money. Kind of dismal outlook.
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