Posts Tagged ‘seignorage’

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    A Cashless Payoff

    Dec 14, 11 • 354 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 • 269 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]

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    Euro Notes

    Jul 31, 10 • 324 Views • No 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...  [read more]