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Profit from printing money is called seigniorage. It refers to the difference between the costs of printing money and its face value. It is by far the most profitable activity so far invented by man. Imagine I have got a 1000 dollar bill in my pocket. To acquire it - assuming I haven't stolen it- I have had to work very hard for a very long time , that invest a high percentage of what I finally earn . Now if I printed this bill I'd spend perhaps 50 cents or even less on paper, paint and energy. So my profit in this case would be $999,5 from every 50 cents spent. Does anyone know any other business which for every half a dollar brings 999,5$ net receipt ?
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∙ 13y ago
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What did the second continental congress talk about?
They talked about printing paper money.
Did the Second Continental Congress authorize the printing of paper money?
yes
What do Russians call their money?
they call their money rubles.
What do you call someone who incites a war just to profit from it?
A 'War Monger' .
Is money made in a mint?
US paper money is made at the Bureau of Engraving and Printing, coins are made at the US mint.
Which bureau is in charge of printing money?
The Bureau of Engraving and Printing is in charge of printing money.
What do you call a place where money is printed?
A mint is where coins are struck. There's no special word for a factory where paper money is printed, though. They're usually just called "printing plants" or "printing facilities."
Which countries are not presently printing money?
countries not presently printing money
Money printing rules?
Countries do not technically have money printing rules. However most countries discourage over printing of money because then the value of the money decreases.
Who controls the printing of money?
Central Bank or any Monetary Authority of that country controls the printing of money.
Could you please give a real life exampleWhy is plus multiplied by minus minus?
Let's say that if you increase your money on a transaction you have a "positive profit", if you lose money, you have a loss, which we will call a "negative profit". Let's say your profit is minus 100. If you repeat the transaction with a loss 5 times, you will still have a loss - in this case, the profit is minus 500.
Can a nonprofit give money to a for profit organization?
Can a nonprofit foundation give money to a for profit organization
What is another word for money earned for a job?
A synonym for 'money earned' is salary or profit.
What do you call printing mistakes?
Errata
What is profi t and loss?
a profit is something that you get back a loss is something that you lose like with money with a profit you get money with a loss you loose money
Why is profit is not Evil?
Money is not evil. LOVE of money is the root of evil. You are entitled to a fair profit for goods or services.
What is another name for profit?
Money, my friends, Money
