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STAii
X-Ray Wave


Jordan
1376 Posts
Posted - 02/22/2003 :  08:11:16  Show Profile Send a private Message
Each country has its money-notes.
I am wondering :
1-Where does those notes get printed ?
2-Who designs the notes ?
3-Is it possible for companies to print notes of their own (with a special design of themselves i mean, like if MicroSoft prints something called the MS Dollar), this question may seem weird .. but it just occured to my mind.

Thanks



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drag
Visible Light Wave


USA
849 Posts
Posted - 02/22/2003 :  13:29:06  Show Profile  Send a private Message
Greetings !

1. In government printing factories ussually.
2. The treasure minestry is responsible for the
entire production proccess.
3. I don't really know. My guess would be that
there are international laws that regulate currencies.
Further more, there doesn't seem to be any advantage for a
comercial company or corporation to have its own currency.

Live long and prosper.



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STAii
X-Ray Wave


Jordan
1376 Posts
Posted - 02/22/2003 :  15:03:25  Show Profile  Send a private Message
You may see that there is no real use of the third point, but i am thinking of something (don't bother yourself trying to guess what ..)

The reason that i think that currencies are not printed in the government is that :
1-it needs lot of technology.
2-it can be easily accessed for forgery.

I heard once that there is some kind of factory in Swiss that is responsible for printing the currencies of most of the countries of the world , anyone every heard sth like that ?



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Doc
Radio Wave


USA
22 Posts
Posted - 02/23/2003 :  16:27:20  Show Profile  Send a private Message
Has anyone here ever heard of coupons? That is pretty close to what you are describing. The coupon is worth its face value to whatever company printed it or honors it with a purchase. Aside from that, it is worthless.

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STAii
X-Ray Wave


Jordan
1376 Posts
Posted - 02/23/2003 :  19:03:09  Show Profile  Send a private Message
Aha, this seems really near to what i am thinking about.
But where are those coupuons printed ? do they look more like a peice of paper or like a currentcy-note ?
And ... are they easy to forge ?



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Doc
Radio Wave


USA
22 Posts
Posted - 02/23/2003 :  20:02:53  Show Profile  Send a private Message
quote:
Originally posted by STAii:
Aha, this seems really near to what i am thinking about.
But where are those coupuons printed ? do they look more like a peice of paper or like a currentcy-note ?
And ... are they easy to forge ?



I see you are from Jordan. Please excuse my ignorance of your country, but I just assumed this sort of thing existed in Jordan. In the USA it is virtually impossible to pick up a newspaper, magazine, whatever and not see coupons. I don't know to what extent of the law one would be prosecuted for forgery and I guess I would not want to find out. They look like an advertisement and vary in face value. Most of them have expiration dates. In my opinion they are simply a way to raise the price of the procuct. For instance: You purchase a product that comes with several coupons for similar products. You think to yourself: "Hey, this thing is cheap. I will buy it because it has coupons I can use to purchase other things I need. In the end I will save money." What really happens is you forget or misplace the coupons or accidentally let them expire.

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STAii
X-Ray Wave


Jordan
1376 Posts
Posted - 02/23/2003 :  20:39:47  Show Profile  Send a private Message
I see.
But those coupons are simply some text on paper, what i am really welling to know if possible to be printed is something that is hard to be forged, you know it must have lot of specifications, fabriced well, some stuff that show only under UV, some places that show some pictures in light ... just like a currency-note (i hope you understand what i mean).
And i don't think you can easily do that in your back-garden , you need technology .




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Doc
Radio Wave


USA
22 Posts
Posted - 02/23/2003 :  22:16:40  Show Profile  Send a private Message
quote:
Originally posted by STAii:
I see.
But those coupons are simply some text on paper, what i am really welling to know if possible to be printed is something that is hard to be forged, you know it must have lot of specifications, fabriced well, some stuff that show only under UV, some places that show some pictures in light ... just like a currency-note (i hope you understand what i mean).
And i don't think you can easily do that in your back-garden , you need technology .



That may be, but it is still the closest thing I know of to what you are talking about. Also, some so-called coupons are much more difficult to forge than others. The higher they make the face value the more difficult they will make it to forge them.


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J-Man
Visible Light Wave


USA
744 Posts
Posted - 02/26/2003 :  02:36:02  Show Profile  Send a private Message  Send J-Man an ICQ Message
quote:
STAii said:
The reason that i think that currencies are not printed in the government is that :
1-it needs lot of technology.
2-it can be easily accessed for forgery.

I heard once that there is some kind of factory in Swiss that is responsible for printing the currencies of most of the countries of the world , anyone every heard sth like that ?


Each country's government is responsible for designing and printing it's currency. That doesn't mean your president/king/ruler does the job, but is appointed to a government funded and controlled agency to do the job.

Counterfeiting currency is a large problem for most countries and hence the government(s) take great pains and much expense to ensure that it is (1) difficult to reproduce and (2) easy to spot counterfeits. It typically costs more to print say a dollar-bill than the dollar-bill is worth. They try all kinds of tricks to make it more difficult, from special inks and papers to holograms. Our currency (U.S.A.) recently got done overhauling the design of the $5, $10 and $20 bills it uses ($100 also I think). And I've heard talk about changing them again already.

quote:
STAii said:
Aha, this seems really near to what i am thinking about.
But where are those coupuons printed ? do they look more like a peice of paper or like a currentcy-note ?
And ... are they easy to forge ?

It depends...
Coupons in the newspapers are printed by the newspapers, coupons in magazines are printed by the magazines, coupons in the mail are printed by the company that sent it to you or a third party that prints it for them.
They typically look like a piece of paper, usually in color, often with a bar-code.
Most would be easy to forge with current technology, but the cost of your paper and ink cartridges (and a percentage of your printer and computer) would typically be more than the $0.10 to $0.50 that the coupons save you.

Plus if you get caught, I believe, it is a felony (in U.S.). Probably punishable by 10 to 20 years in jail or so plus hefty fines. I'm not sure about the punishment, just guessing.


This message was written entirely with recycled electrons.

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STAii
X-Ray Wave


Jordan
1376 Posts
Posted - 02/27/2003 :  07:17:28  Show Profile  Send a private Message
If the 1$ bill worth more than t5he value of 1$, why do they print it ?
It is a waste of the resources in the country !
Anyway, the bills in Jordan have been changed recently too, and this is what made me think of this question.
The old bills where kind of ... simple, they were never forged (except for the 5 JDs i think), but the new bills is far more complicated, and features lot of 'little things' so i think no one will be able to forge it soon.

Do u think that a company can own its technology to allow it to print [b] its special [/i] currency ?



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Doc
Radio Wave


USA
22 Posts
Posted - 03/01/2003 :  01:15:16  Show Profile  Send a private Message
quote:
Originally posted by STAii:
If the 1$ bill worth more than t5he value of 1$, why do they print it ?
It is a waste of the resources in the country !
Anyway, the bills in Jordan have been changed recently too, and this is what made me think of this question.
The old bills where kind of ... simple, they were never forged (except for the 5 JDs i think), but the new bills is far more complicated, and features lot of 'little things' so i think no one will be able to forge it soon.

Do u think that a company can own its technology to allow it to print [b] its special [/i] currency ?




I think it is probably common to have a denomination that it costs more to manufacture than its face value. If we got rid of all of our small currency what would soon follow is inflation. Prices would go up instead of down to the nearest $5. Soon it would cost more than $5 to print a 5 dollar bill. Remember, for every time that dollar bill changes hands the government makes a profit on it through federal income taxes. As long as the dollar bill physically survives the punishment that it takes in circulation then the government is making a small amount of money on it. In my opinion it is a cost of doing business.


Here's another fine mess you've gotten me into...

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