Dino....to further understand it, look into ALL the ACTS and STATUTES involving money. Legal Tender Act of 1862, FedRes Act, EO 6102, Coinage Act of 1965, Treasury Decision in 1971. Money is fascinating! 12 USC 411 is interesting as well as 31 USC. And it ALL comes back to the Judiciary Act of 1789 Section 34.
I think the problems we see are as much ignorance as they are corruption!
Printed copy · Anthology Volume 3, page 807 · cut by a page breakPrinted copy from The Tender For Law Anthology, Volume 3, page 807 (printed 13 June 2014). Added by this site; not part of the Facebook export. A page break in the printout cut off the end of this comment.