• lud@lemm.ee
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    8 months ago

    Why did you hear that as a child? Of course the state prints money, how else would money exist in the first place if no one made the money?

    • sushibowl@feddit.nl
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      8 months ago

      Might be talking about the United States specifically. IIRC the constitution denies individual states the right to mint coin or issue bills of credit, that is a prerogative of the federal government.