Posts Tagged ‘seignorage’

  • Phasing out the penny from the money supply

    My Two Cents About Pennies

    Sep 23, 14 • 252 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 • 765 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]

  • Dollar Wars

    May 1, 12 • 343 Views • No Comments

    By Mira Korber, guest blogger. Do you have a coin jar? I do. It is home to my quarters for NYC parking meters. Now, imagine if the dollar bill didn’t exist, but a dollar coin did. Coin jars would probably hold more than just quarters.  Why? The...  [read more]

  • penny...16875_5.12_000008715889XSmall

    Should We Keep the Penny?

    Apr 9, 12 • 441 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]

  • penny...16875_5.12_000008715889XSmall

    An Annoying Penny

    Jan 16, 12 • 458 Views • 2 Comments

    People do not want to pay $2.01 for a tall coffee at Starbucks. No, the problem is not the $2.00. The problem is the penny. Starbucks recently raised the price of a tall coffee to $1.85 in NYC. With tax, the total is $2.01. As a result, baristas are dipping...  [read more]