Paper money is not really made out of paper. - FactzPedia

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Paper money is not really made out of paper.

Paper money is not really made out of paper.

 


Unlike most paper, which is made out of wood pulp, money is made out of 75% cotton and 25% linen.

Back in the days of Ben Franklin, people would even repair torn bills with a needle and a thread.

Now that’s definitely one way to lengthen money’s short lifespan!

  • Paper money is a country's official, paper currency that is circulated for the transactions involved in acquiring goods and services.
  • The printing of paper money is typically regulated by a country's central bank or treasury in order to keep the flow of funds in line with monetary policy.
  • Paper money tends to be updated with new versions that contain security features and attempt to make it more difficult for counterfeiters to create illegal copies.
  • The first recorded use of paper money was purported to be in the country of China during the 7th century A.D. as a means of reducing the need to carry heavy and cumbersome strings of metallic coins to conduct transactions. Similar to making a deposit at a modern bank, individuals would transfer their coins to a trustworthy party and then receive a note denoting how much money they had deposited. The note could then be redeemed for currency at a later date.

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