Re: Not. [Was Re: Federal Reserve Bank is ILLEGAL?]

["Mark M." <markm@voicenet.com>]

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On Tue, 12 Nov 1996, jim bell wrote:

> The way I see it, a positive statement in the Constitution that the Feds 
> have the power to coin money does not necessarily exclude other 
> people/banks/states/foreign countries from doing likewise.

Some localities in the U.S. are indeed minting their own currency.  Ithica is
one such example, I believe.  I don't know if these currencies are considered
"legal tender", but the Feds don't seem to be stopping it.

Mark
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