Back to barter it is. That’s still allowed in the US right? That’s pretty much all I do in Canada now is barter services for goods and goods for services
"The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people."
The way I read this is that unless there is a statement in the Constitution that defers the power of creating their own currency, then that right remains with the States themselves.
—“ No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.”—
I call it a Societal Quantum Crankshaft. It can run any Community with precision and little waste. It is the future but up to a certain level of value. Past that, you need to work with a gold or silver backed currency. The model is still being perfected but its really exciting. Thank you so much for taking an interest. I developed it as a system to show society how much of their hard work was being stolen from them.
Each state has the Constitutional authority to produce their own currency, isn’t that correct?
Actually they are prohibited from doing it
Back to barter it is. That’s still allowed in the US right? That’s pretty much all I do in Canada now is barter services for goods and goods for services
By whom?
My understanding was that powers are deferred to the Federal government from the States themselves, not the other way around.
If I'm wrong please help me understand it a bit better, I'm a Brit :)
Section 10 of the US Constitution
"The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people."
The way I read this is that unless there is a statement in the Constitution that defers the power of creating their own currency, then that right remains with the States themselves.
What am I missing?
Article 1 Section 10
—“ No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.”—
That's what we should do, then.
Back to silver and gold!
Well that sucks
I developed a monetary system based on time and ratios. What is interesting is you see your time invested vs what you get in return much clearer.
I’m very interested to learn more about this, even if it was purely an exercise.
I call it a Societal Quantum Crankshaft. It can run any Community with precision and little waste. It is the future but up to a certain level of value. Past that, you need to work with a gold or silver backed currency. The model is still being perfected but its really exciting. Thank you so much for taking an interest. I developed it as a system to show society how much of their hard work was being stolen from them.
Interesting. Have you seen this movie? https://en.m.wikipedia.org/wiki/In_Time
People will just abandon the dollar and go to cryptos.
Some of those are also trackable.
Almost all of them are. The ones that arent will soon be banned/regulated.