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How is money printed? How govt. calculates the amount of money to be printed every year

2007-07-05 01:54:39 · 7 answers · asked by HEM R 2 in Business & Finance Other - Business & Finance

7 answers

Over the years, a number of materials other than paper have been used to print banknotes. This includes various textiles, including silk, and materials such as leather.

Silk and other fibers have been commonly used in the manufacture of various banknote papers, intended to provide both additional durability and security. Crane and Company patented banknote paper with embedded silk threads in 1844 and has supplied paper to the United States Treasury since 1879. Banknotes printed on pure silk "paper" include "emergency money" (Notgeld) issues from a number of German towns in 1923 during a period of fiscal crisis and hyperinflation. Most notoriously, Bielefeld produced a number of silk, leather, velvet, linen and wood issues, and although these issues were produced primarily for collectors, rather than for circulation, they are in demand by collectors. Banknotes printed on cloth include a number of Communist Revolutionary issues in China from areas such as XingJiang or Sinkiang in the United Islamic Republic of East Turkestan in 1933. Emergency money was also printed in 1902 on khaki shirt fabric during the Boer War.

Leather banknotes (or coins) were issued in a number of sieges, as well as in other times of emergency. During the Russian administration of Alaska, banknotes were printed on sealskin. A number of 19th century issues are known in Germanic and Baltic states, including the towns of Dorpat, Pernau, Reval, Werro and Woisek. In addition to the Bielefeld issues, other German leather Notgeld from 1923 is known from Borna, Osterwieck, Paderborn and Pößneck.

Other issues from 1923 were printed on wood, which was also used in Canada in 1763-1764 during Pontiac's War, and by the Hudson Bay Company. In 1848, in Bohemia, wooden checkerboard pieces were used as money.

Even playing cards were used for currency in France in the early 19th Century, and in French Canada from 1685 until 1757, in the Isle of Man in the beginning of the 19th Century, and again in Germany after World War I.

2007-07-05 02:03:01 · answer #1 · answered by Anonymous · 0 0

Paper currency is printed in a rotary press as sheets of bills on special paper. The amount printed depends on how much use-worn currency is returned for destruction as well as inventory levels at the federal reserve banks.

Remember that the amount of currency in circulation is not tied to the amount of money that people have. Many transactions do not use paper currency - credit cards, debit cards, wire transfers, ACH and bank drafts move money from buyer to seller without any paper currency involved.

2007-07-05 08:59:56 · answer #2 · answered by Thomas K 6 · 0 0

It is printed in large sheets in secure facilities and then cut apart. There is one in Ft.Worth not far from me and the plant can be toured. The amount printed is based on the amount that goes out of circulation. Some is exact because old bills are turned in by the federal banks and other is estimated, as when people lose, burn, or shred money by accident - but that percent says pretty steady.

2007-07-05 08:59:08 · answer #3 · answered by Mike1942f 7 · 0 0

on printing presses. i think the Federal Reserves sets the amount.

2007-07-05 08:57:39 · answer #4 · answered by Anonymous · 0 0

i remember that coins are made in a mint. if i am not wrong, the goverment will look at how the economy is doin b4 making the decision of how much money to print or how much coins to make..

2007-07-05 08:58:39 · answer #5 · answered by icyx 2 · 0 0

the print it on a cloth a paper material with special non-fading ink on a HUGE machine!

2007-07-05 08:57:57 · answer #6 · answered by Anonymous · 0 2

in a machine

2007-07-05 08:56:39 · answer #7 · answered by Anonymous · 0 2

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