mid-13c., monie, “funds, means, anything convertible into money;” c. 1300, “coinage, coin, metal currency,” from Old French monoie “money, coin, currency; change” (Modern French monnaie), from Latin moneta “place for coining money, mint; coined money, money, coinage,” from Moneta, a title or surname of the Roman goddess Juno, near whose temple on the Capitoline Hill money was coined (and in which perhaps the precious metal was stored); from monere “advise, warn, admonish” (on the model of stative verbs in -ere; see monitor (n.)), by tradition with the sense of “admonishing goddess,” which is sensible, but the etymology is difficult. A doublet of mint (n.2)).

It had been justly stated by a British writer that the power to make a small piece of paper, not worth one cent, by the inscribing of a few names, to be worth a thousand dollars, was a power too high to