At the Constitutional Convention, the Delegates vote (YEA, 8; NAY, 1; ABSTAIN, 3) to prohibit Congress from issuing “Bills of Credit” (paper money).
[added 11/24/2024]
Subsequent Events:
Authority:
Articles of Confederation, Article XIII
ccc-2point0.com/Articles-of-Confederation
References:
Avalon Project – Madison Debates – August 28
avalon.law.yale.edu/18th_century/debates_828.asp
Current U.s. National Debt:
