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Adding color to the good ole us dollar?
Look at this article:
http://slashdot.org/article.pl?sid=0...=thread&tid=98 Apparently according to the article the US is going to add color to US money because foreigners can't distinguish between the denominations. I'm sure no one here has that problem!! :) Ok let me see - one says "10" one says "20" one says "50".... hehehe |
Good thread. On a related note, the US' inflation rate is lower because a lot of foreign countries trust the greenback more than their own currency [e.g. parts of South America and former Soviet Union]. This has positive reverberations for the US economy because instead of being spent here and inflating the money supply here, it is saved and traded abroad. This is called the "signeurial" effect [sic?]. If this effect was not in place, we'd probably be looking at an extra 1.5 to 2% inflation.
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Getting a little nerdy around here!:thumbsup
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Quote:
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Canadians have a different colour for every bill.
Wonder why counterfeiting is not a problem in the US. In Canada they had to put holograms on the 20's and larger bills to curtail it. |
As long as it's still green, I don't mind any additives :Graucho
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