Question

Scenario 1) In order to solve a budget problem, New Mexico's Legislature creates a new currency
using the value of green chile. It is called the Relleno.
Why is this unconstitutional?

Answer 1

Answer:

States are not permitted to have their own currency or money, the power is granted to Congress.

Explanation:

This is shown in Article 1, section 8 and Article 1, section 10 of the United States Constitution.