The Cash We Love to Stash

Although going cashless seems to be a trend, we are printing more $100 bills for people in the U.S.and elsewhere in the world.

Do We Need Pennies?

Phasing out pennies is about much more than mostly zinc coins, carrying around too much change, and paying $2.01 for a tall coffee.

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.

The Money Supply: The New Hundred Dollar Bill

Our story begins in 2010 when the United States announced that it would be issuing a state-of-the-art $100 bill. Designed to thwart counterfeiters, the new bill has 3-D interactive features. When you move it, certain shapes and colors shift. There…

Should We Keep the Penny?

Because cost is up and use is down, the Royal Canadian Mint stopped producing pennies and, during the fall, will stop distributing those that exist. Should we also eliminate the penny? Pennies are expensive. At 2 1/2 cents a piece, making…

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.…

Greener Money

Hearing that Canada was switching to plastic money this year, I imagined…plastic. It turns out that plastic money looks and feels pretty much like the cotton-based paper currency we now use.  Why make the change? Money was one reason. Although…

Euro Notes

$1 million in $100 bills weighs 22 pounds. In $500 bills, $1 million would weigh 4.4 pounds. But the U.S. does not circulate $500 bills. The EU does. According to the WSJ and NPR’s Planet Money, people engaging in illegal activities…