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because that would cause mass hyperinflation, decrease the value of the currency to relatively 0 and lower India's overall wealth.

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13y ago

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True or false only the federal government has the authority to print us currency?

It is true that the federal government has the authority to print us currency.


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In the US, it is the US Government alone that has the authority to print currency.


Reserve bank of india has power to print currency notes of rupees upto?

It has the power to print currency notes of up to 10,000 rupees.


Does the federal government has the authority to print US currency?

no......


Who can legally print money?

In the US, it is the US Government alone that has the authority to print currency.


Does the federal government only has the authority to print u s currency?

False


Does us mint print foreign currency?

The US Mint is responsible for the production of US coins.It does not print currency. The Bureau of Engraving and Printing is responsible for the printing of US currency and other government related securities.


Which branch can print money?

The United States Department of the Treasury is the branch of the government that is allowed to print and mint all currency. This department was established in 1789 to manage government revenue.


How is currency regulated?

Currency is regulated by the government, when they strike oil or gold, they can print more bills and make more coins in either of the two mints


Should the government print more currency during an economic crisis?

No, because too much currency would lower its value and increase inflation more


Can you clone money?

Money or currency are made/printed by the Government. One can not legally clone or print it for any purpose.


Is it legal to print your own currency that represents precious metals?

(in the US) No, it is not. By law, only the federal government can issue money.