Posts Tagged ‘seignorage’

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    Greener Money

    Jan 22, 11 • 136 Views • Economic History, Environment, Innovation, Money and Monetary PolicyNo 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...

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    Euro Notes

    Jul 31, 10 • 138 Views • International Trade and Finance, Money and Monetary PolicyNo 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...