answersLogoWhite

0

Answer: No, too bad for the country. It just makes money less valuable.

User Avatar

EZ FunWorld

Lvl 4
4y ago

What else can I help you with?

Related Questions

Is there African country printing its own currency?

Zimbabwe prints its own currency. In fact Zimbabwe has a $100 trillion note


What machine prints money?

A Currency Printer


Which branch prints money for the us?

Federal. The Department of the Treasury prints currency and is part of the Executive branch


Who prints Guyana currency?

The currency of Guyana, the Guyanese dollar (GYD), is printed by the Bank of Guyana, which is the country's central bank. The bank oversees the issuance and regulation of currency to ensure stability and confidence in the financial system. Additionally, the actual printing of the banknotes may be contracted out to specialized printing companies.


What Federal agency prints US currency?

The United States Treasury Department


Which section of the treasury dept prints federal reserve notes?

currency notes


Why is only the central bank that prints money?

Because central bank, reserve bank, or monetary authority is an institution that manages a nation's currency, money supply, and interest rates. it is the mother of all financial institution within the country it is the monetary policy maker. all country has its own central bank. yeah its true that the central bank prints money but only prints when there is a lot of gold reserve in the bank/


When there is no gold what does the government back its currency with?

Promises and happy thoughts. The value is pegged to the GDP of the country that makes the promise of value so when that country's GDP goes down and its gov't prints more money, the existing value drops.


What is most likely to happen if the Fed prints too much currency?

If the Fed prints too much currency, it can lead to inflation as the increased money supply reduces the value of the currency. This can result in rising prices for goods and services, decreased purchasing power, and economic instability.


What is the function of the United States Department of the Treasury?

they make all the policies regarding money in our economy.It manages government revenue and prints and mints all paper currency and coins that the country uses.


Which government prints 5 dollar bill?

Generally governments do not print currency, though they authorise others to do so. Any country which uses the 5 dollar note would authorise its printing.


What are the main sources of income in Hungary?

The central bank prints them. It's our currency, after all. :)