money

5

U.S. Treasury Prints $110 Billion of Unusable Money

http://www.cnbc.com

A significant production problem with new high-tech $100 bills has caused government printers to shut down production of the new notes, which have sophisticated high-tech security features, including a 3-D security strip and a color-shifting image of a bell designed to foil counterfeiters. But the production process is so complex, it has instead foiled the government printers tasked with producing billions of the new notes. An official said that 1.1 billion of the new bills have been printed, but they are unusable because of a creasing problem in which paper folds over during production.

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pmfalcon's picture
Created by pmfalcon 3 years 31 weeks ago – Made popular 3 years 31 weeks ago
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8

Malaysian Muslims Go for Gold, But It's Hard to Make Change

http://online.wsj.com

KOTA BHARU, Malaysia—Umar Vadillo bounds into a hotel room here in northern Malaysia with several stacks of gold and silver coins in his hands and slaps them down on a coffee table. "This," Mr. Vadillo says, "is what it means to be free."

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MattD's picture
Created by MattD 3 years 44 weeks ago – Made popular 3 years 44 weeks ago
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8

How Indiana Police steal stolen money from children

http://reason.com

Indiana is one of several states that require civil asset forfeiture proceeds to go to a fund for public schools. Many states passed such laws in the late 1990s after media and public backlashes against civil forfeiture abuse. The states saw the funds as a way to remedy the incentive problems that arise when police and prosecutorial offices benefit directly from the money they seize. In Indiana, the requirement is actually written into the state's constitution.

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rancemuhamitz's picture
Created by rancemuhamitz 3 years 47 weeks ago – Made popular 3 years 47 weeks ago
Category: Police State   Tags:
19

Treasury Department sets up Voluntary Tax Website to pay Debt!

https://www.pay.gov

Want a big federal Government? Have TOO much money? Love taxes? Wish you could pay more? Well now you can via the pay.gov website. The wonderful bureaucrats over at the treasury department are allowing anyone to voluntarily contribute more of their money to help pay for public debt. Now you and all the other blind nationalist sheep can go on bah bah-ing with each other knowing you did all you could to help YOUR government!

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Renniks's picture
Created by Renniks 4 years 11 weeks ago – Made popular 4 years 11 weeks ago
Category: Taxes, Fees & Fines   Tags:
15

There Is No Keynesian Miracle

http://www.forbes.com

Article in Forbes bashes Keynesianism for the fraud that it is: During 2009 there was a lot of smug talk among academic and political liberals of Keynesianism enjoying a triumphant revival. But in the real world of jobs, wages and production--as opposed to the imaginary one of the chattering classes--the evidence shows that John Keynes' notion of being able to spend your way out of recession has not worked this time, if it ever did. It's important to note that ordinary voters are more sharply aware of this idea's failure than are the Western governments that have put their trust in Keynes.

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RottingNation's picture
Created by RottingNation 4 years 15 weeks ago – Made popular 4 years 15 weeks ago
Category: Economics   Tags:
9

What is a trillion?

http://mikesylvia.wordpress.com

Our government has gotten us accustom to budgets and spending in trillions. I’ve seen graphics that try to show dollar bills (FRaud Notes) stacked like sky scrapers, impressive but lacking. I ran across a piece of information about javascript code which counts time in milliseconds based from 1970. Seconds of time are nice little units we’re pretty familiar with, one Mississippi, two Mississippi …. So, I was born back in 1958; how many trillion seconds have passed since I was born?

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mikesylvia's picture
Created by mikesylvia 4 years 17 weeks ago – Made popular 4 years 17 weeks ago
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6

Canadian money to become plastic, coins will be steel next year

http://www.digitaljournal.com

On Thursday, Prime Minister Stephen Harper’s minority Conservative government announced in its budget that its paper currency will go plastic by late next year, according to the Globe and Mail. The plastic notes will also contain high security features to ensure that the $10 and $20 bills last longer.

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Dr. Blunkenstein's picture
Created by Dr. Blunkenstein 4 years 18 weeks ago – Made popular 4 years 18 weeks ago
Category: Money   Tags:
6

New Set of Change: 7 Coins Designed to Make More Cents

http://dornob.com

These so-called ‘infographic coins’ by Mac Funamizu have obvious benefits to the blind, much like the Euro, as sizes, shapes and textures all play a role in the legibility of coins. Impaired or not, anyone reaching into their wallet or purse would likewise be able to more easily identify each coin denomination by touch.

Are we likely to give up on our standard circles? Perhaps not, but at least rethinking our (United States) hodge-podge system with inconsistent sizes, Â colors and weights might be worth doing after so much time with so little design change.

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mousse_gallon's picture
Created by mousse_gallon 4 years 25 weeks ago – Made popular 4 years 24 weeks ago
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