Answer:
preventing individual states from having their own currencies.
Explanation:
The passage highlights all the negative impacts that state-based currency would have. He states that it would largely impede trade between states and hurt the economy.
Madison believed the Constitution would improve the economy as it would introduce one currency and financially unite the United States.
Before the Constitution was ratified, the states had to right to:
James Madison, who was a supporter of the federal government having more power than the state, is saying that states printing their own currency hurts the country as states might become hostile to each other as a result of some having stronger currencies than others.
He believes that a single currency would solve this which is what the Constitution was pushing for.
We can therefore conclude that Madison believed the Constitution would improve the U.S. economically by printing a single currency.
Find out more at https://brainly.com/question/9583679.
The excerpt in question is:
Had every State a right to regulate the value of its coin, there might be as many different currencies as States, and thus the [trade] among them would be impeded; [unexpected changes] in its value might be made, and thus the citizens of other States be injured, and animosities be kindled among the States themselves. The subjects of foreign powers might suffer from the same cause, and hence the Union be discredited and embroiled by the indiscretion of a single member.
