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Why did the articles of confederation not allow the stats to coin their own money?
Wiki User
∙ 12y ago
The Articles of Confederation did allow individual states to coin their own money. This was one of the primary problems with the Articles. The United States Constitution, however, did not allow states to coin their own money. The reason for this is that there was no efficient way of determining the value of one state's currency in relation to another state's. Printing money is different than coining money, however, as coining money means establishing a new unit of currency, while printing money simply means the actual production of those units. When states began printing their own money, this caused problems of inflation, as the value of money depreciated.
Wiki User
∙ 12y ago
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