“To be sure, DOJ's arguments have force as a philosophical critique of government, taxation, and the monetary system. They may also highlight legitimate reasons to hold part of your wealth in gold or (for some) cryptocurrency. But "for constitutional purposes," to borrow a phrase from the DOJ, the arguments are a flop.

A federal court will soon decide whether to uphold Saine's right to a trial before an impartial judge and jury. Hopefully, the court will agree: Money is property, and an agency bureaucrat is not an impartial judge.”

https://reason.com/2025/01/31/the-government-says-money-isnt-property-so-it-can-take-yours/

Reply to this note

Please Login to reply.

Discussion

If money is declared property, I hope some madlads try to sue the FED for damages.

The issue is that there is no such thing as 'money'. If they say gold, silver, Bitcoin, all assets, dollar bills, etc.. perhaps. But I don't see how money can have a legal definition. You have a savings account with real property in it, but money? Not sure. Will be interesting.

Out of this world mental gymnastics🤸‍♂️

? I don't follow your reply.

The term 'money' can be anything people agree on to transact their energy over time, and in fact has been over even over just the few hundred years the US has existed. From Spanish gold to bearer bonds to US gold to Mexican silver, Confederate bucks, to Bitcoin and the US dollar.

Legal definitions have to be very precise. I don't see how one can define a fixed legal definition of 'money' in a way that holds up over time, while also not counting 'anything of value' or something silly.

Sorry. Rushed reply whilst burning dinner.I agree with you., I mean in court there'll be mental gymnastics discussing the matter

I can imagine most people wont even enjoy courts officially stating money isn't property.