Posts Tagged ‘euro’

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    Euro Notes

    Jul 31, 10 • 221 Views • International Trade and Finance, Money and Monetary PolicyNo Comments

    $1 million in $100 bills weighs 22 pounds. In $500 bills, $1 million would weigh 4.4 pounds. But the U.S. does not circulate $500 bills. The EU does. According to the WSJ and NPR’s Planet Money, people engaging in illegal activities prefer large

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    Euro Matters

    Mar 9, 10 • 190 Views • Thinking EconomicallyNo Comments

    Said to have been one of the least-prepared countries to transition to euro cash, Greece was an original participant in the euro launch on January 1, 2002.  In the first major euro robbery, in Athens, a gunman ran off with 76,000 euros