The printing of more money is commonly referred to as "monetary expansion" or "money creation." This process can occur through various means, such as central banks increasing the money supply to stimulate the economy. However, excessive money printing can lead to inflation, reducing the purchasing power of currency.
printing more currency will spread extra money in the society.As a result of which the peoples purchasing power increases.With more money in their hands they purchase more commodities and this gives rise to inflation.
countries not presently printing money
Countries do not technically have money printing rules. However most countries discourage over printing of money because then the value of the money decreases.
Hyperinflation.
Central banks control the quantity of money in circulation by printing more bills when the central storage is low and refraining from printing when the country is suffering from inflation.
Yes, that is called counterfeiting.
That's called forgery. Only the goverenmennt can order the printing of money.
printing more currency will spread extra money in the society.As a result of which the peoples purchasing power increases.With more money in their hands they purchase more commodities and this gives rise to inflation.
The Bureau of Engraving and Printing is in charge of printing money.
countries not presently printing money
Countries do not technically have money printing rules. However most countries discourage over printing of money because then the value of the money decreases.
A mint is where coins are struck. There's no special word for a factory where paper money is printed, though. They're usually just called "printing plants" or "printing facilities."
Yes, printing your own money that is not government issued from the mint is illegal. The fake bills that are printed outside the mint are called counterfeit bills. If the purpose it to deceive or defraud then certainly it would be an offence in most countries. However there is more Monopoly money printed each year than most governments produce.
Hyperinflation.
Central banks control the quantity of money in circulation by printing more bills when the central storage is low and refraining from printing when the country is suffering from inflation.
Because, printing more money just does not solve the problem. printing money in an uncontrolled manner causes severe economic problems and devalues the currency. Take Zimbabwe for example, a loaf of bread costs a few million bucks in their local currency because the government resorted to printing more money to ease their financial burden. That resulted in severe devaluation of their currency and it damaged their economy as well.
Central Bank or any Monetary Authority of that country controls the printing of money.