Why one country can’t print currency of the other country? (eg. EU printing dollars or USA printing euros)
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They can (as long as there are no treaties stopping them) though it wouldn’t be “valid” US currency has its value because it’s the only currency the US accepts as payment for taxes. Counterfeit currency will not be accepted therfore if you are trying to sell it as true US currency it is fraudulent. Also you will probably upset the nation you are counterfeiting and that is usually a poor idea if you want a good relationship.
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