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copy of Dr. Sun Yai-Sen Zero Euro Commemorative Banknote

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What is a Zero Euro?

The 0 euros was first started in 2015 by Frenchman— Richard Faille. It has been licensed by the European Central Bank, authorized by the Bank of France, and printed by the Oberthur Fiduciaire of France. The 0 Euro series is the world's most popular commemorative collection of banknotes. It is the first to use the unique idea of 0 as the face value, spanning the gap between commemorative banknotes and commemorative vouchers. The standard of printing and anti-counterfeiting technology for the Zero Euro banknote series is considered the highest among all of the Euro banknotes. It displays famous tourist attractions and cultural symbols of various countries, and strives to promote the development of global tourism.

  According to classical economic theory, the use of denominated banknotes as collections that have been withdrawn from circulation is equivalent to having the amount of currency reduced in actual circulation, thereby exacerbates deflationary pressures that are no longer conducive to macroeconomic regulation and control of regional economies. 

In order to alleviate this problem, the attribute of being a legal tender has been imparted to commemorative banknotes issued by a number of countries. That is, while having their circulation restricted, not counting the amount in the currency circulation, they become the non-circulating commemorative banknotes that we usually see today. And, this is the source of primary demands for the introduction of zero-denominated commemorative banknotes.

  In addition, in order to demonstrate its “neutral” status among all participating states, the ECB must not allow any individual’s portrait, or any visible scenic spot of any particular country to appear on the currency notes. Yet regardlessly, a zero-valued voucher does not possess any circulative nature, and the commemorative theme also has a non-restrictive advantage. Based on these above-mentioned factors, the European Central Bank  has drastically licensed the issuance of zero-denominated commemorative banknotes.

Dr. Sun Yat-sen

Sun Yat-sen (/ˈsʌn ˈjætˈsɛn/; 12 November 1866 – 12 March 1925) was the founding father of the Republic of China. The provisional first president of the Republic of China, Sun was a Chinese medical doctor, writer, philosopherGeorgistcalligrapher, and revolutionary. As the foremost pioneer and first leader of a Republican China, Sun is referred to as the "Father of the Nation" in the Republic of China (ROC) and the "forerunner of democratic revolution" in the People's Republic of China (PRC). Sun played an instrumental role in the overthrow of the Qing dynasty (the last imperial dynasty of China) during the years leading up to the Xinhai Revolution. He was appointed to serve as Provisional President of the Republic of China when it was founded in 1912. He later co-founded the Kuomintang(Nationalist Party of China), serving as its first leader.Sun was a uniting figure in post-Imperial China, and he remains unique among 20th-century Chinese politicians for being widely revered amongst the people from both sides of the Taiwan Strait.

Although Sun is considered to be one of the greatest leaders of modern China, his political life was one of constant struggle and frequent exile. After the success of the revolution and the Han Chinese regaining power after 268 years of living under Manchurian rule (Qing dynasty), he quickly resigned from his post as President of the newly founded Republic of China to Yuan Shikai, and led successive revolutionary governments as a challenge to the warlords who controlled much of the nation. Sun did not live to see his party consolidate its power over the country during the Northern Expedition. His party, which formed a fragile alliance with the Chinese Communist Partysplit into two factions after his death.

Sun's chief legacy resides in his developing of the political philosophy known as the Three Principles of the Peoplenationalism (Han Chinese nationalism: independence from imperialist domination – taking back power from the Manchurian Qing dynasty), "rights of the people", sometimes translated as "democracy",and the people's livelihood (just society).

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