What is our Founding Father's view of men,
governments and money or economics?
"The people of the states empower the Congress
to coin money
This provision in the U.S. Constitution gave Congress the Right to produce a national coin, set the weight, fineness, and value. Also, Congress could specify the value of a foreign coin in terms of the national coin of the United States.
anything but gold and silver coin a tender in payment of debts."
From Article I.10.1
It is clear from this provision that the State's could not create their own coin nor could they make anything but the gold and silver coins issued by Congress as legal tender for the payments of debt. This is a Constitutionally mandated Gold Standard.
It is important to note that there are two different kinds of paper currency which are not "money" but circulate as such: the first is debt money, which can be redeemed in silver or gold on demand, and the other is fiat (paper) money, which is designated as legal tender but cannot be redeemed for anything. Currently, our "Currency" is fiat money, something so abhorrent to our Founding Father's that they didn't even discuss it as an option. An interesting original draft by the Founders would of allowed for "bills of credit", or paper money but that was struck out. It seems that during the Revolutionary War, when paper money had been issued, a promise to back the notes for gold or silver was a "no confidence" disaster, causing counterfeiting by the British and other forms of fraud. The end result were notes of no value, plummeting to less than a penny per dollar. This is why the Founding Fathers decided to mint only gold and silver coins as "money."
I would recommend reading; "The Making of America" which you can get on Amazon.
This book by W. Cleon Skousen, gives an excellent education on money and the Constitution.
LIFE in BALANCE
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