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Yes. You have to buy it off them at twice the value.

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Q: Does the money printed by the government belong to the government?
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Continue Learning about Economics

Why are states not allowed to print money?

States are not allowed to print money because the economy falls under the national government. If every state printed its own money, it wouldn't be worth the same from state to state.


Does the US Government intentionally cause inflation by printing extra cash to pay it's bills?

The united states government does not actually create money, the government takes a loan out from the federal reserve, itself issuing currency printed from the us mint.


How does value of dollar changes?

the more of the money there is, the less of the value. the less of the money, the more of the value. for example, if the US government printed a LOT of money to fix the economy, the value of a dollar would be less because there are so much of it. hope that helps!


Why would debtors in the countryside who owed people money want more silver to be coined and more dollars to be printed?

The debtors owed money so they need money to pay back the money they owed so they wanted more silver coined and money printed. The creditors were against this because it was their jobs to lend money and if money was just printed they would lost money and eventually their job.


What is the amount printed on money called?

America's currency is printed on a cotton based paper. It started off being printed with steam presses in the basement of the Department of Treasury. But still the full composition is a government secret to prevent the production of a "legit" counterfeit bill(s). There is a mixture it is doused in to give the bills extra strength.