Paper Money Death Penalty 💵 #shorts

Faust Checho dives into the famous paper money death penalty created by The Coinage Act of 1792 which set a death penalty for anyone who debases our nation's coinage.

While initially we were able to make coinage out of pure gold, silver, and copper which would maintain economic stability, the creation of the Federal Reserve System actually circumvented these safeguards and debased our nation's coinage.

It is not only allegedly unconstitutional but according to The Coinage Act of 1792, it's even punishable by death, but who's going around enforcing that anyways?

#shorts #currency #federalreserve #inflation #UShistory