Printing Money: Canada’s Hundred Dollar Bill Problem

Does the Canadian $100 bill melt? During November 2011, Canada started circulating state-of-the-art polymer $100 bills. Very tough to counterfeit and unusually resilient, plastic-based currency is supposed to be far better than the traditional paper (made from linen and cotton) bill.…

Forbidden Dollars

By Mira Korber, guest blogger, Kent Place School alumna, Yale student, and recent traveler to Buenos Aires, Argentina.  In Argentina, a $100 USD bill is a hot item. And though Argentines want US dollars — for traveling, saving, or otherwise…

A Cashless Payoff

Paying with a phone swipe makes Starbucks lines move faster. Less time in line means more productivity and society benefits. So, should we accelerate our movement toward a cashless society? Imagine having no currency. No wallets necessary? A useless U.S.…

Look For the Silver Lining

You might want to decide whether to set the table with Granny’s silver, sell it, or melt it. To see why, you just need to look at a graph of the price of silver. Representing a 162% increase between January…

War and Money

A ship carrying freshly printed Libyan currency was intercepted near the coast of Great Britain. Assuming that it would be used to fund the Gaddafi regime, the British seized the cash and stored it in a “secure location.” Like many…

A Different Kind of Currency Crisis

Our story begins with the United States announcing that it would be issuing a state-of-the-art new $100 bill. Designed to thwart counterfeiters, the new bill has 3-D interactive features. Move the bill and certain shapes and colors shift. The bill,…