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What would happen if it was legal for citizens to print and coin money?

Dethslayr ∙

Lvl 1

∙ 12y ago

Updated: 4/28/2022

Money would have very little value

Wiki User

∙ 12y ago

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Continue Learning about American Government

Which of these are the states not allowed to do print money enforce laws charter banks tax?

Print Money A+ -Chantel Lucero

What problem with money did the nation face after the revolution?

they didnt print enough money

The action not taken by FDR to make more money available was to?

print more money

Can Congress print money and establish weights and measures?

yes

The constitution gives the power to print money to?

Article I Section 8 of the United Constitution grants power to Congress to "coin money" and "regulate its value." In effect, The Department of the Treasury prints money under the authority of Congress.

Is it legal to print out money?

Is it legal to print money in any circumstances?

No, it is not legal to print money in any circumstances unless authorized by the government or central bank. Counterfeiting money is a criminal offense punishable by law.

Is it legal to print coupons?

yes it is legal

What has the author Arlene L Eis written?

Arlene L. Eis has written: 'The Legal Researcher's Desk Reference, 1990' 'The Legal Researcher's Desk Reference 2004-05 (Legal Researcher's Desk Reference)' 'Legal Newsletters in Print 2003' 'International mikvah directory' -- subject(s): Directories, Mikveh 'Legal Looseleafs in Print 2003' 'Legal Looseleafs in Print 2007 (Legal Looseleafs in Print)' 'Directory of Law-Related Cd-Roms 2000' 'The Legal Researcher's Desk Reference 1996-97 Supplement' 'Directory of Law-Related Cd-Roms 1996' 'Directory Of Law-Related CD-ROMs 2006' 'Legal Loose-Leafs in Print, 1992' 'Legal Newsletters in Print 1999' 'Directory of Law-related Cd-rom 2007' 'Legal Looseleafs in Print 2004' 'Legal Newsletters in Print 2002' 'The Legal Researcher's Desk Reference, 1992 (Legal Researcher's Desk Reference)' 'Legal Newsletters In Print 2005' 'Legal Looseleafs in Print 1997' 'The Legal Researcher's Desk Reference 2002-03 (Legal Researchers Desk Reference, 2002-2003)' 'Directory Of Law-Related CD-ROMs 2005' 'The Legal Researcher's Desk Reference' 'Legal Looseleaf in Print 2002' 'Legal Looseleafs in Print 2006 (Legal Looseleafs in Print)' 'Legal Newsletters in Print 1996' 'The Legal Researcher's Desk Reference 1998-99/ With Supplement (Legal Researcher's Desk Reference)' 'Directory of Law-Related Cd-Roms 1999'

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.

What is the Legal power to print money called?

The power to coin money is an expressed power. This is a power that is provided to Congress in Article 1, Section 8 of the US Constitution.

Is it legal to print a check?

Yes, it is legal to print a check as long as it complies with banking regulations and is authorized by the account holder.

Which countries can print money?

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.

Are small print disclaimers legal?

Absolutely ! It's up to the individual person to read every part of any legal document - including the 'small print'. If you choose to ignore the small print, and sign the document anyway - you have no legal recourse !

The constitution gives power to print money to?

The constitution gives the power to print money to Congress.

Who has the powers to print and coin money?

The Treasury and US Mints.

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

Article I, Section 8 of the Constitution says that "The Congress shall have Power...To coin Money, regulate the Value thereof, and of foreign Coin," and Section 10 says that "No State shall...coin Money". It is illegal for private citizens to coin money.The Supreme Court has ruled that Congress's power to coin money includes the power to print paper money and make it legal tender.The Federal Reserve decides how much money will be produced. Paper money is printed by the Bureau of Engraving and Printing, and coins are produced by the United States Mint.( this is a wiki answers in the history category reproduced here. First answer by User:JohnBoyW. )Who_may_coin_and_print_money

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