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the attorney-general
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∙ 14y ago
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What happens to the economy when new money is printed by the government?
Exactly what is happening now. Contrary to belief money does not grow on trees. When they print a dollar to add to the economy it is now only worth 50 cents. It hurts the economy more than it helps.
If trees produce paper and money is made of paper cant money grow on trees?
Okay, money is not, in any real sense, "made of paper". Sure, it's printed on paper (though calling the substance money is printed on "paper" is a bit misleading, because there's actually a large amount of cotton present in that "paper". But, what makes money money is the fact that the government proclaims it to be "legal tender". So, in the only sense that matters, money is made out of government proclamation, not paper. Moreover, trees do not produce paper directly. They produce wood. Humans produce paper by processing the wood (and, in the case of the paper used to print money, cotton as well). And humans make money by printing numbers, words, and the pictures of dead Presidents on the paper. The biological processes going on inside a tree, complex as they are, cannot duplicate these human processes. So, "money", even if it was nothing more than the paper and ink that went into physically producing the bills, still could not grow on trees.
What is the value of a 3 dollar bill?
There have not been any $3 bills printed. Anything that looks like a modern US bill but says "$3" is a novelty item worth only the paper it's printed on.
Why does the government print only a certain number of paper notes and not as many it likes arbitrarily?
The amount of money printed must not exceed the balance of payments in the governments coffers. The paper notes and coins are a 'promise' by the government to pay the equivalent in gold of every note and coin in circulation.
How does the US Mint create paper money?
It doesn't. The US Mint only makes coins. Paper currency is printed by the Bureau of Engraving and Printing which is totally separate from the US Mint. The production process is fairly complex, so it may be better to visit the BEP's site moneyfactory (dot) gov which has extensive written and video information about how America's paper money is made.
Money can be coined or printed only by?
congress
Money may only be coined or printed by whom?
congress
Money may be coined or printed only by?
the congress
Money may be coined or printed only who?
Money may be coined or printed only by a country's authorized government agency, such as the central bank or treasury department. It is illegal for any individual or private entity to produce money.
You have a silver certificate with only the front printed and the rear is blank Is this worth anything?
It is worth quite a bit. Check with a paper money error specialist! Maybe $2000 or more.
What was A war-time money was once printed that was good only in?
Confederacy currency was a war-time money that was once printed and it was only good during the civil war. It was also only good in the south and couldn't be used in the north.
Can you have Evan bournes signature?
Yes if you meet him obviously or maybe on a poster or on a top but that would only be printed.
At what establishment is US paper money printed?
All US paper currency is printed by the Bureau of Engraving and Printing. Popular misunderstanding to the contrary, the US Mint does NOT make paper money, they only strike coins. The Mint and BEP are separate departments in the government.
What is the Weezing Pokemon card worth for money?
I would say if it was only one card maybe around $2.00 only.
How many 1922 silver dollars misprints are still in circulation?
6-25-11>>> I will take a guess at your "misprint" on the 1922 silver dollar, the spelling of the word trust with a V an not a U. The design of the coin coin is in the classic Roman style with Latin letters, the Latin alphabet has no U and all PEACE dollars have this spelling. It's not a mistake. It's also safe to say none are still in circulation. NOTE: coins are struck, coined or minted NOT printed, only paper money is printed.
What is a bank's own printed money called?
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.
Is all confederate money printed on both sides?
The acctual dollars were printed on both sides. However close tot he end of the war the shortage of ink and papaer required the development of bank notes which were on ly printed in one color and only on one side of the paper.
