The Commerce Clause is a grant of power to Congress, not an express limitation on the power of the states to regulate the economy. Under this interpretation, states are divested of all power to regulate interstate commerce.

the United States Congress

USA: – The most significant provision in the USA, for this purpose, is the commerce clause,[3] which provides inter-alia that the Congress shall have power to regulate commerce among the several States.

To address the problems of interstate trade barriers and the ability to enter into trade agreements, it included the Commerce Clause, which grants Congress the power “to regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.” Moving the power to regulate interstate commerce to …

In its positive interpretation the clause serves as the legal foundation of much of the government’s regulatory power. In the matter of regulating commerce with foreign nations, the supremacy as well as the exclusivity of the federal government is generally understood.

The commerce clause gives Congress the exclusive power to make laws relating to foreign trade and commerce and to commerce among the various states.

The Court held that the Commerce Clause granted Congress “the power to regulate; that is, to prescribe [make] the rule by which commerce is to be governed.” That power extended to interstate commerce, which the court defined as “commerce which concerns more States than one.”

Article I, Section 8, Clause 5: [The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; . . .

Article I, Section 8 of the U.S. Constitution gives the national government (specifically the legislative branch) the power to coin money and regulate its value.

Borrow money on behalf of the United States; Appropriate money to the executive branch (the president); Declare war; and. Impeach or remove the president….Further Resources.

The state gold rush: Utah became the first state to introduce its own alternative currency when Governor Gary Herbert signed a bill into law last March that recognized gold and silver coins issued by the U.S. Mint as an acceptable form of payment.

Banks meet their own expenses from their profit and loss account. They can’t print any money for their own expenses.

Section 10 denies states the right to coin or to print their own money. The framers clearly intended a national monetary system based on coin and for the power to regulate that system to rest only with the federal government. State banks did not coin money, nor did they print any “official” national currency.

Since there was no national regulation of paper money, each bank could print bank notes at their own pleasure, deciding denominations as well as quantity to distribute without any oversight. Many individual banks distributed more paper money than they could back in specie, which caused the notes to lose value.

Like most collectables, the value of banknotes is directly linked to condition, grade, rarity and desirability. Flawless uncirculated banknotes are usually worth more than their circulated counterparts. Well-centred notes also tend to be of greater value, due to their greater desirability among collectors.

$500 Bill. Like all the bills featured here, the $500 bill remains legal tender. Most $500 notes in circulation today are in the hands of dealers and collectors. Although no longer in circulation, the $500 bill remains legal tender.

In some cases, a pristine $10,000 bill can be worth upwards of $140,000 on the open market. Meanwhile, bills in poor condition can still fetch $30,000.