[Answer] Does the Constitution permit states to issue their own currency?

Answer: no

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Does the Constitution permit states to issue their own currency? Do any US states have their own currency? - Quora The Constitution And Paper Money | Clarence B. Carson The Constitution's Seven Money Clauses | Dean Clancy Do any US states have their own currency? - Quora As a result the Constitution’s monetary clauses expressly grant Congress the power to coin money and to borrow money by issuing “notes” (i.e. interest-bearing government bonds) but not to issue ... Tue Aug 05 2014 · Among these are the five monetary rules that derive from the Constitution’s seven money clauses. To be absolutely clear (for the true pedant) the Constitution does permit paper currency to serve as legal tender . But that currency must be backed by … An official government edict is not necessary to create money. The Constitution contains only two sections dealing with monetary issues. Section 8 permits Congress to coin money and to regulate its value. Section 10 denies states the right to coin or to print their own money. Fri Feb 18 2011 · Since the Constitution does not specifically grant authority over paper money (let alone digital dollars) some people wo...

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