Pennies
April 6, 2010Jon Brooks No Comments »According to this chart from Visual Economics, there are 1.65 trillion pennies in circulation. That’s messed up.
According to this chart from Visual Economics, there are 1.65 trillion pennies in circulation. That’s messed up.
Respect for money — physical currency, that is — just isn’t what it used to be. For examples, check here, here, and here. And now this Flickr set called Refacing Government Tender. Click here to see the full set of over a hundred photos.
From the UK artist Shardcore, a currency-defacing project called Money, that’s what I want. For those of us living in a capitalist society, there is an inexorable link between our lives, our perceived happiness, and the bits of paper we exchange for goods and services. A banknote has no inherent value, it is merely a [...]
Normally, the only time I am interested in currency policy is when I look into my wallet and wonder where mine went. But here’s an interesting series of posts on what to do about the artificially low rate of China’s renminbi, which the country keeps pegged to the rate of the U.S. dollar. By keeping [...]
From the World Bank blog, a post about the Zero Rupee bank note, printed in India and distributed by an anti-corruption organization called 5th Pillar. Imagine that you are an old lady from a poor household in a town in the outskirts of Chennai city, India. All you have wanted desperately for the last year [...]
There’s a school of thought out there that holds that the policies of the Fed and the Treasury, while perhaps preventing a full-blown economic depression, are sooner or later going to lead to massive inflation. Even if that’s true, one would hope the situation won’t spin as out of control as it has in hyperinflationary [...]
…but not in the way you think. What with the Fed printing money like it’s Parker Brothers, the dollar ain’t what it used to be. Yet, it’s also so much more, thanks to master of origami Won Park. The site Design Inspiration has posted a couple of dozen photos of Park’s creations — either one [...]