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Federal Reserve Constitutional or Merely Legal?

The Federal Reserve is the Central Bank of the United States.  It is in charge of printing money issuing bonds and setting interest rates for those bonds.  Article 1, Section 8 of the Constitution says, “The Congress shall have Power … to coin Money,

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Is the Federal Reserve Constitutional?

The Federal Reserve is the central bank of the United States.  It is in charge of printing money issuing bonds and setting interest rates for those bonds.  Article 1, Section 8 says, “The Congress shall have Power … to coin Money, regulate the Value

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