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Power to Coin and Regulate Money When we can see the disastrous results of an artificially created shortage of money, we can better understand why our Fathers of Confederation, who understood both money and God's Laws, insisted on placing the power to "create" money and the power to control it ONLY in the hands of the Federal Government. They believed that ALL Citizens should share in the profits of its "creation" and therefore the national government must be the only creator of money. They further believed that ALL citizens should share in the profits of its creation and therefore the national government must be the ONLY creator of money. They further believed that ALL Canadian citizens, regardless of station in life, and therefore, the national government must also be, by law, the ONLY controller of the value of money. Since the Federal Government was the only legislative body subject to all the citizens at the ballot box, it was, to their minds, the only safe depository of so much profit and so much power. They wrote it out in simple, but all inclusive manner: "The Federal Government shall have the Power to Coin Money and Regulate the Value Thereof

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15y ago
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11y ago

Expressed Power
expressed power
expressed power

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15y ago

It is a Congressional power it is an express power

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concurrent power.

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expressed power

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Q: The power of government to coin money is an example of which power?
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Related questions

What power has the power to coin money?

The power to coin money belongs to the Federal government (Congress, specifically) according to the Constitution of the United States.


What kind of government does the constitution give the power to coin money to?

Federal government


What power does the constitution specifically deny to state government?

The power to coin money.


National government to coin money is what power?

The right of the federal government to coin money is an exclusive federal right provided for in the constitution. The constitution also grants the government to regulate the value of the coins.


What is a power the federal government has?

Power to make war, coin money, regulate interstate commerce..


What kind of power does the national government have over coin money?

Delegated powers


What kind of governent does the constitution give the power to coin money to?

Federal government


What is an example of expressed powers given to the national government in the Constitution?

The ability to coin money


What was one purpose of the federal government to power to coin money?

to protect the value of the national currency


What government is the only level of American government that has the right to coin money?

Article 1 Section 8 of the US Constitution states that "The Congress shall have Power To:..." (among other things) "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;" Clearly it is the Federal government that has the right to coin money.


Which branch of government can coin money?

The branch of the government that can coin money is the Legislative branch, which is Congress.


Coin money is example of what power implied power concurrent powers expressed power reserved powers or inherent powers?

expressed power