Posts Tagged ‘money’

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    Just Like Yap Money

    Feb 25, 12 • 505 Views • No Comments

    To a Yap islander, in 1903, a 12-foot limestone wheel had considerable value. Described by NPR’s Planet Money, the wheels, as small as a foot in diameter and as large as twelve, composed the islanders’ monetary system. With smaller transactions,......  [read more]

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    Valentines From the Fed

    Feb 12, 12 • 380 Views • No Comments

    What a fantastic idea! When University of Pennsylvania economist Justin Wolpers suggested Federal Reserve Valentines, the Fed and others responded. The San Francisco Fed: “I’m going to extraordinary measures to increase your stimulus.”......  [read more]

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    Forbidden Dollars

    Jan 10, 12 • 474 Views • No Comments

    By Mira Korber, guest blogger, Kent Place School alumna, Yale student, and recent traveler to Buenos Aires, Argentina.  In Argentina, a $100 USD bill is a hot item. And though Argentines want US dollars — for traveling, saving, or otherwise —......  [read more]

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    Look For the Silver Lining

    May 4, 11 • 373 Views • No 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......  [read more]

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    Money and Happiness

    Apr 26, 11 • 365 Views • No Comments

    It is possible, after all, that money can make us happy. A recent Brookings paper from 3 University of Pennsylvania researchers concluded that people experience greater “subjective well-being” or life satisfaction when they are more affluent.......  [read more]