It is true that the federal government has the authority to print us currency.
no......
federal bank
Yes, the federal government is the only entity that has the authority to print US currency. They have given the power to the Federal Reserve Bank, which is not a part of the federal government, but a privately held bank.
In the US, it is the US Government alone that has the authority to print currency.
In the US, it is the US Government alone that has the authority to print currency.
Yes they solely have the power to print US money. These are the congress's enumerated powers
No, California cannot create its own money as that is within the authority of the federal government by the U.S. Constitution. States in the U.S. are not allowed to print their currency.
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.
(in the US) No, it is not. By law, only the federal government can issue money.
The legal power to print money is called "monetary authority" or "currency issuance authority." In the United States, this power is held by the Federal Reserve.
No. The state governments cannot print money - that's the jurisdiction of the federal government. The only way state governments are allowed to mint their own currency is if it's in gold or silver. To the best of my knowledge, no state has ever done this.