what is money made of?

Answer 1

Well, depends on the country, and whether you're talking about paper currency, coinage, or some other form.

When you get right down to it, most money these days is made up of zeros and ones. In other words, most money used today is made by computers communicating with each other. Computers communicate with each other in a language called binary, which only has two letters. Technically, these represent the on and off positions of tiny, tiny electronic switches within the computer--or at least they used to. When we write this language it looks something like this: 0110010001011101001001

I put my credit or card in the pump at the gas station. The gas station's computer communicates with the credit card company's computer to let them know I've just made a purchase of $35.56. The credit card company e-mails me a bill (their computer talks to my computer), and I make an electronic payment, by which I authorize my bank to put a certain amount into the credit card company's account and take the same amount out of my account. It's a good thing my employer's computer has told my bank's computer to increase the money in my account by the amount of my paycheck already!

Most financial transactions these days are like this. They don't involve any currency or coins. Checks and money orders work the same way with a little more of a paper trail.

But paper currency tends to be made with a high cloth content: cotton fibers, for example. They need to stand up to more folding, wadding, and even machine washing than your average piece of paper.

In a way, the value of paper money, just like the value of those electronic transactions, is all in your head. Well, the head of you and everybody who takes your money. A dollar bill is worth something because people believe it is worth something. But when people stop believing in the power of a certain currency, it buys less and less. The US has never seen out-of-control inflation like Brazil saw in the 1980s, or Germany saw in the 1920s. In Germany after World War I, bosses used to pay their employees at lunchtime, so they could run out and buy lunch while they could still afford it, before prices increased again. That's how fast the currency was losing value, and this is one of the reasons Hitler and the Nazis were able to come into power.

Coins tend to be made of different mixtures of metals, normally featuring nickel and tin. Back in the day, if you were going to go to the trouble to make a coin, you might as well make it out of silver and gold, but times have changed.

Even though US pennies (one cent coins) are made with very little copper anymore, it's been estimated that the metals in a penny are actually worth 4 cents. We may very well see the retirement of the penny, or a different amount assigned to it within the next decade or so. It's a lucky thing the penny actually participates in only a small percentage of the times money changes hands.

Answer 2

Dimes: Composition: 91.67% Cu
8.33% Ni

Nickel: Composition: 75% Cu
25% Ni

Penny: Composition: Copper-plated Zinc
97.5% Zn, 2.5% Cu

Quarter: Composition: 91.66% Cu
8.33% Ni

Dollar Coin: Composition: 88.5% Cu
6% Zn
3.5% Mn
2% Ni

Answer 3

Some money is made out of paper
Some is made out of metals
Some money exists only in computerized records

The green ink used on US paper money was invented by Canadian Thomas Hunt in 1862.

Answer 4

Currency paper is composed of 25% linen and 75% cotton. Red and blue synthetic fibers of various lengths are distributed evenly throughout the paper. Prior to World War I the fibers were made of silk

Answer 5

a dollar bill is made out of 75 % cotton and 25% linen

Answer 6

it is made of cotton, linen fabric, and other materials such like that

Answer 7

paper

Answer 8

money is made of paper nitwit.

Answer 9

humanity poison