Posts Tagged ‘seignorage’

  • Phasing out the penny from the money supply

    My Two Cents About Pennies

    Sep 23, 14 • 347 Views • No Comments

    Expensive for the U.S. mint and worthless to consumers, the penny still remains a part of the U.S. money supply although phase-out laws have been proposed....  [read more]

  • Money Supply New $100 bill

    The Money Supply: The New Hundred Dollar Bill

    Oct 9, 13 • 950 Views • No Comments

    Our story begins in 2010 when the United States announced that it would be issuing a state-of-the-art $100 bill. Designed to thwart counterfeiters, the new bill has 3-D interactive features. When you move it, certain shapes and colors shift. There is also a...  [read more]

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    Should We Keep the Penny?

    Apr 9, 12 • 512 Views • No Comments

    Because cost is up and use is down, the Royal Canadian Mint stopped producing pennies and, during the fall, will stop distributing those that exist. Should we also eliminate the penny? Pennies are expensive. At 2 1/2 cents a piece, making and distributing...  [read more]

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    A Cashless Payoff

    Dec 14, 11 • 447 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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    Greener Money

    Jan 22, 11 • 340 Views • No Comments

    Hearing that Canada was switching to plastic money this year, I imagined…plastic. It turns out that plastic money looks and feels pretty much like the cotton-based paper currency we now use.  Why make the change? Money was one reason. Although it...  [read more]