In the U.S. the Federal Reserve tried to introduce metal dollar coins into the money supply but currency demand indicates that people prefer paper.
Weekly Roundup: 6 Mysteries
Our everyday economic stories involve participation rates, human capital, signaling, ROI, money, price, austerity, personal income, monopoly and bubbles.
The Mystery of the Missing Marijuana Money
Federal Reserve monetary policy is not taking account of money from marijuana retailers because banks in Colorado have refused to give them accounts.
Weekly Roundup: From Slow Shopping to Fast Shipping
Our everyday economics include consumption expenditures, Pigovian taxes, variable pricing,economies of scale, unskilled labor, national income and the money supply.
How the Fed Solves the Old Money Problem
Part of keeping the money supply at the right level involves the Fed monitoring the paper money that enters circulation and recycling cash that leaves it.
Weekly Roundup: From Pacesetters to Prices
Our everyday economics includes externalities, supply and demand, price maker, monopolistic competition, oligopoly, statistics, money supply & innovation.
Who, How and When We Use Cash
Although coin and currency are costly to transport and secure, still, cash is a key component of the money supply that people use for low value payments.
My Two Cents About Pennies
Expensive for the U.S. mint and worthless to consumers, the penny still remains a part of the U.S. money supply although phase-out laws have been proposed.