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What is a bank's own printed money called?
The Bank Can't Print its own money because only the treasury can print or make money . Every country would have a central governing authority for banks and they print paper and mint coin money.
Can each county print its money?
No. Only the central bank of the country can print money. Counties cannot print their own money. They have to get it from the central bank/government. For ex: Reserve Bank in India and the Federal Reserve in the USA are the respective entities that are entitled to print money in their countries (India and USA). Each country has a corresponding entity that prints money for the country's use.
If metal is so cumbersome why should we not have only paper money Why should we not print as much of it possible?
Paper is lighter than metal, it also saves use of silver and other metals when they are scarce. Perhaps you may ask "Then why not have paper money only?" The answer is, it would be impossible to print just the right amount of paper money that would keep prices at their proper natural level. Hope it helps!!!
What does p53a mean on paper money?
It's a plate number, telling which printing plate was used to print the bill.
How much is 1500000 from 1937 worth today?
The answer to this unknown as there was no paper money printed in 1937. During the Great Depression the United States did not print much paper money because it would not have been worth much with the economy struggling.
What is a bank's own printed money called?
The Bank Can't Print its own money because only the treasury can print or make money . Every country would have a central governing authority for banks and they print paper and mint coin money.
How do you print paper money?
Illegally.
How do you make paper money?
becase you print
Was responsible for printing the first paper money?
The Chinese were the first to print paper money. The word cash originally referred to a type of round bronze coins used in the Tang Dynasty, called kai-yuans.
Which countries can print money?
Not all countries print their own money. A country can only print money if it is in control of its currency like Japan and the US. One country that cannot print money is Greece because they are not in control of the Euro.
Where is money for the whole world made?
Money is produced by each country in their mints. The US has several mints that will print off paper money and also produce coins. Other countries are similar.
Why laos use only paper money?
Because the paper money is printed in China so it can print as much as it need with easy works. Real silver money will be hard to find because the real silver is need to sell to oversea country.
What did the first paper money look like?
The first paper money originated in China during the Tang Dynasty around the 7th century. It was square in shape and usually featured intricate designs and calligraphy to prevent counterfeiting. These early banknotes were typically issued by merchants and used as a substitute for carrying heavy metal coins.
What country print Ghana money?
Germany
Can each county print its money?
No. Only the central bank of the country can print money. Counties cannot print their own money. They have to get it from the central bank/government. For ex: Reserve Bank in India and the Federal Reserve in the USA are the respective entities that are entitled to print money in their countries (India and USA). Each country has a corresponding entity that prints money for the country's use.
Who sells the government paper to print money?
China -Justilie<3
What makes duplicating money very difficult?
normaly it would be hard to duplicate money due to water marks, small detail and fine print. The paper and texture can vary as money is printed on different paper to country and currency.Please dont try to duplicate money as you can end up in serious trouble.
