Posts Tagged ‘small denominations’

  • penny...16875_5.12_000008715889XSmall

    Coin Matters

    Apr 27, 12 • 140 Views • Demand, Supply, and Markets, Economic History, Economic Thinkers, Households, Innovation, Labor, Money and Monetary Policy, UncategorizedNo Comments

    Hearing that Zimbabweans had a limited supply of coins, I recalled one person’s response to Starbucks’ price hike to $2.01 for a tall coffee in NYC: “I can’t believe it. Now I need to walk around with pennies?” I guess we take change for...