what is money made from

what is money made up of

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2021-04-29 21:38:23

what is money made off 

what does made in eu mean  

The Chinese were the first to use cellulose fibers to produce a lightweight analog of metal money. Paper is used for the same purpose now – the source that money made up of. Obviously, the complexity of the technological process of paper money production has increased many-fold, modern money paper is not at all what was used in China or any other country 100-200 years ago.  

Considering all the technology development, what is money made from nowadays? Usually, linen and cotton are used for money production. The content of cellulose in the final product is about 95-97%. The production process begins with the loading of cotton (we are talking about several tons of cotton fibers) into a boiler; here, the starting material is kept under very high pressure. After that, the finished mass is poured into a tank, where the processes of clarification and purification are carried out. Only after this step, the mass is subjected to compacting, placing in softening machines. The next step is adding special paint that changes the tint of wet paper. Swiss paint has always been considered to have the best quality. When making bills in Europe and the rest of the world, the cost of buying paint is on average about 60% of the total cost of buying components and manufacturing banknotes. Sheets with protective fibers and watermarks are sent for drying, after which the paper is rolled. the weight of each roll can be several tons. After the bills are printed, uncut sheets are sent to a special production facility, where they are cut into separate bills. After that, money is counted with the help of a machine, packed and sent to "free floating" around the country and beyond. 

As for the paper, one of the basic requirements for the material it is made off is durability. Money should be durable so that they do not become unusable too quickly. The main indicator of the money durability is the resistance to breaking and tearing. Paper bills are constantly folded and unfolded; they are pulled by the corners and other parts. Therefore, they cannot be easily torn. The tensile strength is determined on the dynamometer. This characteristic is expressed in the estimated length in meters of the paper strip with a break from its own weight - this indicator for paper money equals to thousands of meters (which is more than at a usual paper).  

Paper money usually has several degrees of protection. Watermarks are used for that reason, which can also serve as a kind of decoration. An exquisite and clear to see watermark is not easy to create, you need accurate modern equipment for this, especially in cases the watermark is combined with the design of the bill itself. There are engravers who transfer artists' drawings to stamps and a metal grid of the so-called dandy roll. Dandy roll is a leveler that is mounted on the machine and when rotating, forms an imprint of the watermark on the paper web. This method is usually used to create paper with a common watermark. If you need an artistic local sign, it can be obtained with manual tide or with a cylindrical machine. The watermark should be clearly visible on all banknotes and be absolutely identical for all the bills of the same circulation.  

Interestingly, there are several ways of producing paper money, not all countries print money using the same method. Why do many countries try to replace paper money with polymer bills? The first reason is the optimization of costs. Polymeric bills can remain in circulation 2.5 times longer than paper ones as they are more durable and resistant. They are more difficult to tear, waterproof, do not absorb dirt and other external substances. All these qualities compensate for the fact that polymer banknotes are slightly more expensive to produce. Another plus is that banknotes made off polymer are easier to recycle; money made from paper also has to be crushed or burned. The following argument in favor of polymeric money - it is more difficult to forge. They have most of the protective elements in common with paper money but making replicas of protective signs is more difficult on plastic because it uses another technology. 

In the end, a person possessing that money has various option of using it. Have you bought or are going to buy goods marked "made in EU" and wondered what does made in EU mean? There is a reason why products with such markings should be checked. "Made in EU" marking is put on products which were manufactured in the European Union. That regulation was proposed at the end of 2003 by the European Commission. The marking is intended to replace "Made in Germany" or "Made in France" and bring them to a single, pan-European kind. The initiative was supported by Italy and Greece as well as by most of the new members of the European Union, while Germany and France were in favor of maintaining independent product labels. For that reason German and French goods do not fall into the category. 

There is another trend and it concerns small household appliances. It turns out that large companies often assemble their goods in Korea, India, China or Japan and putting it into a box, labeling and steps like that is done in the territory of the European Union. The Consumer Protection Board response is that everything is legal; if the manufacturer is in the EU, they have the right to put "Made in EU" on the label. 

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Damian

Damian

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I have been trading Forex for more than 5 years, mostly with manual and automatic trading. I set up advisors for round-the-clock automated trading. I'm sure I can help to establish your trading skills....

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