Who was allowed to issue paper money during the 1800s

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asked Oct 28, 2019 22.1k views

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Katzenhut · Answer 1 · 2019-11-02T02:08:19+0000

anybody who wanted would literally issue the paper money. As a result, there were over 30,0000 currencies in the USA. This led to lack of confidence in banks as some of the banks,private organizations and states could not guarantee their money.

Who was allowed to issue paper money during the 1800s

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