The key to understanding printing money

The main purpose of printing money is to use it as a return when obtaining a service or commodity, and as it is historically known, commodity money was used in sales, which corresponded to goods and services, with the most prominent examples being gold, silver, rice, and wheat. But when the problems and obstacles that caused the appearance of the emergence of It has the storage and transfer of this type of currency, the need for a new type of currency called for the emergence of today in the paper currency, and with the development of criticism and commercial transactions throughout history, the banknotes developed and began to derive their value through the guarantee from the governments that issue it, and in this article a statement of the concept of papers Criticism, how to make it, places of printing, and the most important information related to it

The concept of printing money

It is claimed that the first use of banknotes in China was recorded during the seventh century BC, to alleviate the load of heavy commodity money in the recently deposit similarity in the bank; Where individuals write down the required amount for a service or a commodity on a paper, provided that he transferred this amount to the service owner or the commodity at a later time, and this is what has developed over time to reach the current form of banknotes; Where the state prints money in private printing presses and by following security policies that make it difficult to copy to the counterfeit and specific economic standards, in order for the size of the banknotes that are pumped to the market by the state with the volume of local production, meaning that each printed banknote must be met by a balance of foreign exchange reserves or Gold balance, or goods and services of real effective effectiveness in society, so that the circulating banknotes are of real value, not just printed papers.

How to printing money

To printing money, specialists follow complex and accurate steps, and this process is attributed to skilled workers and craftsmen who operate large printing machines for long and stressful working hours, to print paper money in large packages to be cut off using a special guillotine and distributed machine to banks, and this process can be summed up in three Main steps as follows:

The first stage: the preparation and selection of materials

• Special paper choice: It must be taken into account the quality of the paper and matter, or a group of raw materials that make it up. This paper is subjected to difficult printing conditions and then cut, so it must be strong and coherent.
• Using a special type of ink: Here the type of ink is chosen specifically to printing money, with special dyes that differ according to the value or category.

The second stage: the printing process

• Offset Printing: It is a process that occurs by using large printing machines to print the background of the paper currency on both sides with a three-day difference between them, knowing that these rapid and effective machines print up to 10,000 sheets per hour.
• Intaglio Printing: At this stage, letters and numbers are printed for each cash value, along with pictures and inscriptions on the face of the paper, with three days between them.

The third stage: the audit and inspection processes

• The inspection process: It is done through the use of special computers, whose function is to match the paper and ink users and make sure of the printing standards, quality, and deviation from defects and damage.
• The last printing stage: then specific seals and serial numbers are added for each category, and it is issued by the security authorities to ensure quality and track items when needed.

The final stage: the assembly and distribution processes

Collecting the packets in the form of sheets and cutting them to the required dimensions using special cutting machines.
Distributing and packaging banknotes in their well-known form and transferring them to the central bank in order to transfer them to other banks.

Places to printing money

The banknotes are printed in special presses affiliated with the government of each country with complete confidentiality within secret monetary safety policies, under the management and control of the central banks, which are the authorities responsible for setting and determining the amount of new papers allowed to print.

Foreign currency

• Pound: It is printed by the British Cash Printing Company.
• The US dollar: It is printed in the US government’s inscription and printing office.
• European euro: It is printed through joint coordination between the national central banks of the countries in the region and a number of approved cash printing presses.

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