Monday, June 7, 2010

Reconstruction of America's Constitutional Systems of Money and Banking

Michael S. Rozeff, on June 2, 2010, published the final section, part thirteen, of his brilliant story on America's decline into unconstitutional money, entitled "The U.S. Constitution and Money".

Rozeff's mission is to summarize one of my favorite monetary books of all time, Edwin Vieira’s Pieces of Eight: The Monetary Powers and Disabilities of the United States Constitution.

Part thirteen of the series is on reconstruction and Rozeff states, "It spells out the specific changes that will restore a constitutional money and a constitutional banking system. It explains why this should be done and how it is feasible. It provides an idea of what will happen and what to expect as it is being done. The article also explains some of Vieira’s thoughts on the political issues involved in reform and his idea of making officeholders subject to absolute liability. My postscript places the Constitution and money issue into a broader Misesian-Hayekian framework."

The U.S. Constitution and Money, Part 1 and Part 2, can be found here.

The U.S. Constitution and Money, Part 3 and Part 4, can be found here.

The U.S. Constitution and Money, Part 5, can be found here.

The U.S. Constitution and Money, Part 6, can be found here.

The U.S. Constitution and Money, Part 7, can be found here.

The U.S. Constitution and Money, Part 8, can be found here.

The U.S. Constitution and Money, Part 9, can be found here.

The U.S. Constitution and Money, Part 10, can be found here.

The U.S. Constitution and Money, Part 11, can be found here.

The U.S. Constitution and Money, Part 12, can be found here.

The U.S. Constitution and Money: Reconstruction of America's Constitutional Systems of Money and Ban...

Michael S. Rozeff is a retired Professor of Finance living in East Amherst, New York. He is the author of the free e-book Essays on American Empire.

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