'issued gold and silver currency, which was called "money"'
If the value of the coin comes from the material, why issue coins in the first place?
Re:Why Gold?
by Turing_Machine on Saturday March 12, 2016 @01:25PM
(#11273846)
Because it's harder to make a counterfeit coin than an counterfeit irregular lump of metal.
The widespread use of paper money is actually quite a recent innovation, compared to the millennia of history for gold and silver coinage. People didn't trust paper for a long time (and still don't, when times get troubled).
The Constitution of the United States (quite a recent document, historically speaking) invariably refers to "coining" money, not printing it.