Manufacturing fake currency or counterfeit money is illegal in every country as they are produced without the consent of the Central Bank or the Government. It can lead to major setbacks on the economic stability of a country. More circulating money means that its value depreciates over time which in turn leads to inflation. It also results in mistrust among people decreasing acceptability of money and sharemarket value. Trade is the most affected when merchants have to face immense losses as fake notes are not reimbursed by banks of other countries.
“Life is short and the world too wide!”
To all those struck with the wanderlust, here’s another lot of banknotes depicting some of the offbeat and some famous tourist places from all over the world. The holiday season is upon us and all of us are ready to get packing and hit the trails. And while we are visiting new countries, let us take a closer look at their currencies. Believe it or not, the banknotes in themselves are a treasure chest of adventures. Let’s view some of these tourist places on banknotes!
There’s very little that’s left to be explored or exploited in the world today. Antarctica is thankfully one such place where the power and beauty of nature precede that of humans – a species which boasts of being the most superlative of all. A heavenly place like this should rather be left alone for being pristine and away from the polluted dual minds and deeds of us. But having said that, let’s find out what makes Antarctica so beautiful. Get set to take a chilly ride. A real chilly one!
To explore, there’s a whole world out there! Did you know that some countries have depicted tourist places on banknotes?
Beginning since 1980, 27th September of every year is celebrated as the World Tourism Day. The goal was to create awareness among the international community about the importance of tourism and its social, cultural, political and economic value.
Though Mintage World is a venture that was established by an Indian Company – Ultra Group of Industries, it has managed to cross borders and win the hearts of many. It was a defining moment when Team Mintage World participated in one of the World’s Most Awaited Currency Shows – World’s Fair of Money 2016 that was held from 9th to 13th August at Anaheim, California.
National banks around the world generally go with a safe, more acceptable or tried and tested imagery when it comes to issuing legal currency notes for circulation. But there have been several exceptions and banks have thought out of the box to release some strange and bizarre banknotes. Let’s take a look at some strange banknotes of the world that will make your eyes pop with amusement!
Japan had conquered many colonies and other states during World War II. Special currency notes were officially issued by Japan in these states to replace local currency. These currency notes were known as Japanese Invasion Money. Both Wartime Finance Bank and the Southern Development Bank used bonds to raise money. Wartime Finance Bank gave loans to military industries, and the Southern Development Bank gave loans for hydroelectric generators, electric power companies, shipbuilding and petroleum. In March 1945, the outstanding balance of Southern Development Bank notes stood at more 13 billion.
Another Olympiad has passed by! As the world waits in anticipation for the burning torch to be passed on to the Rio 2016 Olympics, we would like you to take a look at some stunning Olympic coins, stamps and notes to get a feel of this mammoth sporting event. Today is International Olympics Day, and it wouldn’t have been a more appropriate time to do just that. But first, let’s take a sneak peek into when and how this sporting event took shape.
Hi folks! If you’ve been wondering how and why the first treasury notes of England or Bradbury notes came into circulation, it is time to explore a story with a moral “A stitch in time, saves nine”!
World War 1 had serious socio-economic implications, not just on the participating nations, but also countries which were somehow associated with the giants. England was staring at a huge debt and some really devastating economic consequences. Something needed to be done, done real quick! The nation could not afford to sit on this daunting issue for the moment and cry over spilled milk later.
While Christopher Columbus sailed west, looking for the India. Vasco da Gama sailed south and east and found what the others were looking for. It was on 20th May 1498 Portuguese sailor Vasco da Gama set foot on the west coast of India. The arrival of Portuguese in India encouraged many other European countries to sail eastwards. India soon became a market for the western countries.