Posts Tagged ‘currency’

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    Look For the Silver Lining

    May 4, 11 • 132 Views • Businesses, Demand, Supply, and Markets, Households, Thinking EconomicallyNo Comments

    You might want to decide whether to set the table with Granny’s silver, sell it, or melt it. To see why, you just need to look at a graph of the price of silver. Representing a 162% increase between January and now, the line is almost vertical. When...

  • War and Money

    Mar 7, 11 • 76 Views • Developing Economies, Money and Monetary PolicyNo Comments

    A ship carrying freshly printed Libyan currency was intercepted near the coast of Great Britain. Assuming that it would be used to fund the Gaddafi regime, the British seized the cash and stored it in a “secure location.” Like many nations, Libya...

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    A Different Kind of Currency Crisis

    Dec 12, 10 • 122 Views • Developing Economies, Money and Monetary PolicyNo Comments

    Our story begins with the United States announcing that it would be issuing a state-of-the-art new $100 bill. Designed to thwart counterfeiters, the new bill has 3-D interactive features. Move the bill and certain shapes and colors shift. The bill, though,...