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Many countries around the world have their own central banks that are responsible for printing and issuing their own currency. Some examples include the United States (through the Federal Reserve), the United Kingdom (through the Bank of England), and Japan (through the Bank of Japan).

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AnswerBot

5mo ago

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Which countries can print money?

Not all countries print their own money. A country can only print money if it is in control of its currency like Japan and the US. One country that cannot print money is Greece because they are not in control of the Euro.


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.


Where does money get made?

Coins are produced in factories called "mints". Most larger countries operate one or more mints to strike their coins, while smaller countries may contract with another country's mint. Many countries operate their own printing facilities for paper money, but sometimes they have arrangements with companies to produce the bills instead of operating their own plants. For example American paper money is printed by the Bureau of Engraving and Printing which is an arm of the Treasury Department, while the Bank of Canada uses 2 private companies to print its bills.


Can a country print money in the form of another country's currency?

It depends on whether it has been copy-righted and whether they have permission. For example, the Australian Mint prints money for several countries (under licence) including Australia. These other countries are island nations such as Fiji who don't have the infrastructure to print their own 'high tech' anti conterfeiting money. Many countries 'copy' the basic design of a country that once ruled over them. British money is probably the most copied around the world due to Britain having had the biggest empire. The name of British money has also been copied and the currency Pound, shilling and penny are still used in various countries. The currency Dollar most likely came from the European Dolare (I think it was originally Spanish) and the word is used in many countries including U.S.A.


Is it legal to print your own currency that represents precious metals?

(in the US) No, it is not. By law, only the federal government can issue money.

Related Questions

Which countries can print money?

Not all countries print their own money. A country can only print money if it is in control of its currency like Japan and the US. One country that cannot print money is Greece because they are not in control of the Euro.


Can each county print its money?

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.


Can the queen print her own money?

No.


Does japan print their own money out?

Yes


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.


Did each state print its own money?

yes


Did each state print its own kind of money?

No not very state:)


Did each state print its own kind of paper money?

No not very state:)


Is there a Montana 2 dollar bill?

noStates can not print their own money. All money comes from the federal treasury.


Why can't you print your own money?

You are not smart and.... you're a stupid prat who does not understand life. SO HERE IS THE ANSWER. No you can't print you own money for gods sake. Try listenin YEA? Some people are 1OO% Loonies. Including YOU.


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.


Why was it necessary for the second continental Congress to print it's own money?

The second continental congress printed its own money to pay for guns, food, and uniforms for soldiers.