What does power to "coin Money" mean??

Question

I read book, it says Federal has power to coin money? Can somebody tell me what does coin money means?

Thanks a lot.

Answer 1

Coin money generally refers to mints pressing coins, but it also means printing money, and at one time setting the value of gold and silver. It means making money, and think there are nine definitions of money.

Answer 2

Congress gave away the power they had been given in the CONSTITUTION, that is to control the money supply.

The Federal Reserve has never been audited

(well isn't that special!)

WE NEED to abolish the Federal Reserve and put this nation back on the GOLD STANDARD!

.

Answer 3

It means to print legal money! I had to MEMORIZE the whole constitution this year, I go 2 private school! YEA!

Answer 4

They control money supply. So, if you want a recession, cut off the money supply. If you want prosperity, print money like a mad man and the economy will grow.

Answer 5

They have the obligation and ability to print money used by that nation.  The Treasury Department of the US has that power and they print the money and also regulate the supply.  Its very complex.  I do not have the power to print money.  If I try it, I go to jail.