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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.
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.
Answer: No, too bad for the country. It just makes money less valuable.
The United States Mint prints our US dollars. The Federal Reserve bank supposedly backs all of the dollars that the US Mint Prints. Their are two mints in the US and each bill and coin has marked on it the mint it originated from. The mints are located in Denver, Colorado and Philadelphia, Pennsylvania A coin minted in Philadelphia will have a "P" on it and one minted in Denver will have a "D".
Well when your government prints more money, they still have the same amount of gold, so the gold is worth less of your country's money. The same applies to food and other items. As money is worth less, it buys less things
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/
Printed in mints.
The Treasury Department prints money. It is part of the Executive Branch.
It prints it!
That will cause inflation. I.e increase in general price of commodities in the market
Sometimes if one country prints more money and there is a lot of money the value goes down. If money was rare it would be worth a lot.
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.