States almost had their own currencies
The initial Articles of Confederation — a.k.a. the predecessor to the Constitution — gave both Congress and the states the right to coin money. Can you imagine the hassle of having to get new currency every time you crossed a state line? Ultimately, it was decided there should be only one national coinage.
Legal Guidance Now is for general educational purposes only and is not intended to provide legal advice on any subject matter whatsoever. Your use of the content provided by this website is at your own risk. Due to frequent changes in the law, some information on this website may not reflect the current state of the law. We are not responsible for any errors or omissions in the content of this website or for damages that arise from your use of the content under any circumstances.
No reader of Legal Guidance Now should act on the basis of any content included in this website without seeking appropriate legal advice (in consideration of the particular facts and circumstances at issue) from an attorney who is licensed to practice law in the reader’s state.