Posts Tagged ‘money supply’

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    A Cashless Payoff

    Dec 14, 11 • 330 Views • No Comments

    Paying with a phone swipe makes Starbucks lines move faster. Less time in line means more productivity and society benefits. So, should we accelerate our movement toward a cashless society? Imagine having no currency. No wallets necessary? A useless U.S....  [read more]

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    89.7 Sextillion Percent Inflation

    May 12, 11 • 279 Views • No Comments

    Imagine a country where supermarket employees have to raise their prices several times a day, maybe by placing one price sticker on top of the old one. Describing Brazilian inflation during the early 1990s, one woman said she raced to food markets to see if...  [read more]

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    A Different Kind of Currency Crisis

    Dec 12, 10 • 254 Views • No 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,...  [read more]

  • Travels of a Dollar

    May 22, 10 • 238 Views • No Comments

    Having just followed the probable travels of a dollar bill at “wheresgeorge,” I’ve been thinking about money. Money is more than coin or paper currency. Because we can easily spend our demand deposits (checking accounts) and savings...  [read more]