The power to regulate the value of money does not involve a power to dilute the value of money by inflation, an absurd and self-serving rendering.
Thomas WoodsNullification is the Jeffersonian idea that the states of the American Union must judge the constitutionality of the acts of their agent, the federal government, since no impartial arbiter between them exists.
Thomas WoodsGovernment has a habit of blaming the private sector for its own failings while taking credit for advances we in fact owe to the private sector.
Thomas WoodsIf the federal government has the exclusive right to judge the extent of its own powers, warned the Kentucky and Virginia resolutions' authors (James Madison and Thomas Jefferson, respectively), it will continue to grow - regardless of elections, the separation of powers, and other much-touted limits on government power.
Thomas Woods