Loading ...The Rediscovery of America’s Constitutional Money Laws: Stablecoins, Silver’s Surging Price, and Trimetallism
By Christopher Guzelian
Associate Professor of Finance and Economics
Texas State University, San Marcos, Texas
Sunday, March 8, 2026
The lesson is that gold as a monetary backstop must be considered in ratio with other things’ market value—including “lesser” precious metals like silver and copper, as the Founders legislated. Perhaps modern economists will return to the Founders’ wisdom that precious metal moneys carry special intrinsic value. Trimetallism—a new mass issuance of gold, silver, and copper Dollars by the U.S. Mint (or Congressionally deputized private mints) at significantly higher spot prices than present—may well do more to rescue Americans from monetary instability than stablecoins backed by the very inflationary instruments that created the problem in the first place.