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Why don't armies issues their own private bills anymore? Or do they?
The AMCs shown on the previous page aren't strictly "military money", as they were intended for both military and civilian use. The US military during WWII paid its troops using local currencies, wherever possible. AMCs were made for use in regions where there was no civilian government to issue any local currency. The Axis countries, however, printed two different sets of money for use in the territories they occupied, one for conquered civilian use and the other strictly for the military.
An army has its own money printed when it's trying to minimize black marketeering. If the only money that a soldier is being paid with is military money which a civilian can't use, and if the civilian's money is unusable by the soldier back at the barracks, then that civilian won't want to try to sell anything to that soldier, or vice versa.
So the reason why such notes are no longer needed are I suppose there's less worry about black marketeering going on these days, and since electronic fund transfers so much easier these days, physical money is no longer needed to pay soldiers with.
The US military store, the AAFES, uses
pogs - plasticized cardboard tokens - for low values. These were (and still are) made as a lightweight alternative to shipping actual
US coinage around the world just for the military to use. For higher values I assume ordinary US currency suffices.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis