Where is the money printed?
One of the questions that many people search for is where is money printed? And how is money made? Money in general is one of the most important basics of life at the present time, as money helps you to obtain the main requirements of life such as housing, food and clothing, and money comes in exchange for services provided by the individual to the community such as providing treatment and medicine or education service or services The environment, transportation, or any other service, or in exchange for goods that a person sells, such as working in shops to sell goods or manufacturing products by working in factories or working by importing goods from abroad, and in return for all that the individual gets money, but where is the money printed? This is what we will learn in this article.
Where is the money printed?
Each country prints its own securities containing a specific shape that expresses the country code to which those securities belong. The printing of money is a complex process that is not done on paper, but is done on a fabric of a mixture of cotton and linen that gives the money its well-known shape and texture. These materials were used for the manufacture of money in order to withstand circulation between humans and not be perishable, so it loses its value quickly. As for printing, it takes place through large dedicated presses located in secret places. These places are linked to the central bank located in each country separately, and money printing is linked to precious metals. Like gold and silver.
There are controls for money printing, including the country’s economic situation, currency rates, stock exchange status, metal prices and their value. It is not permissible to print money at any time. Printing a large amount of money in a country without clear reasons may lead the country to a major economic problem, which is the problem of inflation. Inflation means the presence of a large amount of money, but with a decreasing economic value, and inflation may accompany many other economic problems, the largest and most important of which is the problem of high prices, as the country revolves in a vicious cycle of printing money accompanied by high prices and the problem remains increasing until the state stops printing more money. Money bills.
How did the monetary dealings start in the world?
In the beginning, and since the inception of mankind, people began to take on the task of providing daily food for themselves and their children, and for this they worked by cutting trees, hunting animals and fish, and harvesting fruits to provide for daily needs and food requirements, and since one person cannot perform more than one task, human nature has taken on The exchange of products obtained by each individual, in order to obtain another product in return, and these transactions were not limited to the people of the same region, but also extended to those transactions to include international transactions, and this process was called barter, which is that goods are exchanged to provide self-sufficiency in the requirements of Everyday life.
In the year 500 BC, the Greeks began to standardize a certain currency for commercial transactions, through the use of gold and silver. Then China took the idea and began to apply it with little development, where coins were minted and a certain form was determined for them so that they were the only recognized currency, and with the development of Economic life was the need to use currencies of less weight and of varying values, and then arose in the fifteenth century AD the first paper currency and was printed in Sweden in Stockholm, and after that the idea was well received, which made the rest of the world replace coins with paper and every country has a currency with a shape And its own inscription.