Question

Why would the FEDERAL government (not state or local gov.) be responsible for printing money?

write a quick answer written by a seventh-grader

Answer 1

The federal government is responsible for printing money because it manages the whole country's economy. It creates money through the U.S. Treasury and the Federal Reserve. They need to control how much money is in circulation to keep things stable, help people trade, and make sure the economy grows. If states printed their own money, it would cause confusion and problems because each state could make different rules about its money. So, by having the federal government in charge, it helps keep everything fair and organized for everyone!