powers granted to them by the United States Constitution. This power is known as the "power of the purse" and it enables Congress to control the monetary policy of the country. By creating money or authorizing the Federal Reserve to create money, Congress can influence the economy by managing inflation or deflation, unemployment, and monetary supply. The impact of this power can be immense, as money supply and the value of currency are critical factors that influence the health of the economy. Therefore, the power of Congress to print money is a significant legislative power that enables the lawmakers to impact the economic well-being of the country.
