States are not allowed to print money because the economy falls under the national government. If every state printed its own money, it wouldn't be worth the same from state to state.
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.
Not all countries print their own money. A country can only print money if it is in control of its currency like Japan and the US. One country that cannot print money is Greece because they are not in control of the Euro.
Chinese?
In the US, it is the US Government alone that has the authority to print currency.
We cant just print more money because we have to mach the money in gold. So if we make more money thin it would be less for later things. (such as wars and disaster response.)
False, states are not allowed to print money
Print Money A+ -Chantel Lucero
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.
Not enough of it, and every state was allowed to print their own before the Constitution (which forbids states from coining money) was written.
Not enough of it, and every state was allowed to print their own before the Constitution (which forbids states from coining money) was written.
The Department of the Treasury
No. The constitution reserves the power to print money to the United States Congress.
No, only the federal government has the authority to issue currency in the United States. Each state is not allowed to print its own kind of paper money.
Yes
The Articles allowed excessive freedoms within the states, such as allowing each state to print its own money, and these allowed freedoms prohibited the states from behaving as one country. The Articles, and the freedoms they permitted, created a lot of strife throughout the new states, and this strife was the impetus for the writing of the US Constitution.
No. States can not print money.
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