the ability (or lack thereof) for States, local governments, private individuals and others to print/make money. In the US, the Federal Government has the sole authority to do this. When silver dollars were being used in slot machines and they started to disappear due to melt value, Nevada requested special permission (exemption) to mint dollar coins. The Federal Government insisted that certain verbage be added to the regulations that specifically prevented them from being used as "money".
Some of this is now dated, but letter of the law, only the US Government produces money!
Does that add a better perspective to what's up?
Jim
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