becase you print
america
China -Justilie<3
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.
No not very state:)
because the Chinese used it to print paper money.
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!!!
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!!!
Paper money can be printed, but if there is no value to back it up, the result is inflation. All money, not just the newly printed currency, loses its value. So it's not smart to just print more paper money than is backed up by real value.
You can print content on stamp paper by replacing the stock paper with stamp paper in the copier. The copier will print on stamp paper in the same way it prints on stock paper.
Ricky Scott Nelson used special paper, usually made with a combination of cotton and linen, to print counterfeit money. This type of paper has a distinct texture and feel that closely resembles authentic currency paper, making it harder to detect by touch.
It was the Currency Act that outlawed the use of paper money in the colonies. Parliament passed the act in 1764.